Maintaining Fiscal Period Summary - 16i

Purpose: Use this document as a reference form and intaining fiscal period summary in ctcLink.

Audience: Settlement Manager, GL Accountant

The Fiscal Period Summary page is used to close or lock down the accounting for a specified fiscal period, in preparation for end-of-period financial-report generation and analysis.

This prevents other users from rerunning Treasury Management accounting processes for the closed fiscal period. You can also reset a fiscal period that has been closed in error.

Navigation: Main Menu > Cash Management > Treasury Accounting > Fiscal Period Summary

Maintaining Fiscal Period Summary

  1. Enter existing search criteria or click the Add a New Value tab on the Fiscal Period Summary page to add a new value.
    1. If it doesn’t default, enter or select the appropriate business unit in the Business Unit field.
    2. Enter or select the appropriate calendar ID in the Calendar ID field.
    3. Click the Add button.
Add a New Value tab
  1. To close a fiscal period:
    1. Select a fiscal year.
    2. Select an accounting period.
    3. Select the Close Acctg (close accounting) check box.
  2. To reset a closed fiscal period:
    1. Click the Reset button. The system enables the Fiscal Year and Period fields, and automatically deselects the Close Acctg (close accounting) check box.
    2. In Reset Reason, overwrite any existing text with the reason for the fiscal period reset.

Note: The Audit Detail tab lists audit information for each row.

Note: When you add rows to existing fiscal period information, the system automatically populates the Fiscal Year and Period fields with the next chronological period.

Note: Rows must be closed in ascending entry order, from first entered row to last entered row. Conversely, rows must be reset in descending entry order.

Fiscal Period Summary
  1. Click the Save button.

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