Close statement period

Note: This procedure only applies to final extracts.

To close a statement period:

1. From the main menu, select Administration > Period Management > Statement Periods.

   The Statement Periods screen appears.

2. Click to the right of the open statement period.

   A window will appear advising you the statement period's status has been changed.

   Once you close a statement period, you can create an extract to upload into your organization's finance system. Transactions in a closed period can no longer be coded, however they can be approved. Closed periods can be re-opened by clicking .

   Once the statement period has been closed, the period's statistics will be moved to the closed columns.