Reopen a Closed Period
Unlock a closed period to post adjustments or corrections.
To reopen a closed period, navigate to More Tools in the sidebar and select Lock the Month (Period Close). Choose the period you wish to unlock and click the Reopen button. You will need to provide a reason for reopening, which will be recorded in the period lock history for audit purposes. This ensures transparency and maintains a complete audit trail.
Step-by-step
- 1Access Period Close
Go to More Tools in the sidebar and select Lock the Month (Period Close).
- 2Select the Locked Period
Choose the period you want to unlock from the list of locked periods.
- 3Reopen the Period
Click the Reopen button and provide a reason for reopening. This reason will be recorded in the period lock history.
Ensure your reason is clear for future reference.
