Period Close Tab AR

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AR Period Close Tab

Make the following menu selections to display this tab:

eFinancials—Accounts Receivable—End of Period—Period Close

Use this tab to perform a period close for accounts receivable.

Fields

The following fields and buttons appear on the tab that displays when you select the menu option.

Header

Run Soft Close for all selected EntitiesCompanies

Select this check box if you want to run a soft close instead of a hard close. For more information, refer to Period Close Overview.

Grid

Check boxes

Select check boxes for the PropertiesCompanies you want to close. Select the check box in the header to select all PropertiesCompanies automatically.

PropertyCompany

The PropertyCompany name that appears on lists and in reports.

Period to Close

The display-only period that will be closed when the Hard Close process is run. This column disappears when you click the Run Soft Close for all selected EntitiesCompanies check box, as a Soft Close does not close the period; it rolls the current period to the next period. For more information, refer to Period Close Overview.

Current Period

The display-only period to which transactions in the batch are set up to post. The period ending date.

Information

A description of the status of the PropertyCompany, such as Ready to Close or Unapproved Batches. If there are unapproved batches, click the link to go to the Setup Batches tab to approve batches so that you can close the period for that PropertyCompany.

Buttons

Cancel

Select this button when you want to stop without saving changes.

Run Period Close Button

Select this button to run the period close process for the selected PropertiesCompanies.

To Run Period Close

Select the Run Soft Close for all selected EntitiesCompanies check box if you want to run a Soft Close. Or, if you want to do a Hard Close do not check the check box. For more information, refer to Period Close Overview.
Select the check box(es) for the PropertiesCompanies you want to close. Select the check box in the header to select all PropertiesCompanies in the grid.
Click Run Period Close. The AR Period Close Complete message displays.
Click OK. The Dashboard displays.

Note

After you run this procedure for a PropertyCompany, the Active AR Periods Tab displays the period close date and the name of the person who closed the period for that PropertyCompany. The system captures this information automatically.