Use this tab to perform a period close for the purchase
orders. Because eFinancials and ePO can appear on the same menu and are
both available to eFinancials users, permission setup must be completed
carefully.
Header
Create recurring POs
If you have recurring purchase orders set up,
select this check box to create recurring purchase orders during the period
close process. Refer to Recurring
Purchase Orders Tab for more information.
Run Soft Close for all selected PropertiesCompanies
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 beside the PropertiesCompanies
you want to close. Select the top check box to select all PropertiesCompanies
in the grid.
Property
Company
The PropertyCompany
ID 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 PropertiesCompaniescheck 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.
Information
A description of the readiness
of the PropertyCompany
to close; for example, 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 you can close the period for that
PropertyCompany.
Cancel
Click to stop without saving changes.
Run Period Close
Click to run the period close process for the
selected PropertiesCompanies.
- At Create
recurring POs, select this check box to create recurring purchase
orders during the period close process.
Note
If Create recurring PO's check box
is selected during period close, the period close process will be completed
for the ending date of the next accounting period for the PropertyCompany
being closed.
- Select
the Run Soft Close for all Selected PropertiesCompanies
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
boxes beside the PropertiesCompanies you want to close. Or, select the top
check box to select all PropertiesCompanies in the grid.
- Click Run Period
Close.
- Click OK.
Note
After you run this
procedure for a PropertyCompany, the
displays the period close date and the name of the person who closed the
period for that PropertyCompany. The system captures this information
automatically.
Fields