Close the period

Period-end accruals gathers what to accrue at month or year end:

• Received, not billed: PO lines received in the period with no invoice yet, at the PO price.
• Billed, not approved: invoices dated in the period still in matching or approval.

Each line carries its coding. Lines without coding are booked to an uncoded account until someone codes them.

1. Choose the period end date.
2. Review the lists and fix any coding.
3. Freeze this batch to keep the figures as of now.
4. Download the Journal CSV for your ERP. It reverses on the first day of the next period.