Discussions
Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
New AI Community Guidelines. Please review and follow them to ensure AI use stays safe, accurate, and compliant.
Update: Narrative Insights has been restored and is now available.
Narrative Insights is Temporarily Unavailable due to an Infrastructure Issue. Learn how This Impacts Your Account and What to Expect While the Feature is Disabled.
Narrative Insights is Temporarily Unavailable due to an Infrastructure Issue. Learn how This Impacts Your Account and What to Expect While the Feature is Disabled.
NSC | Post a Journal in a Closed Period
Scenario:
User A wants to approve a Journal Entry dated within a closed accounting period (January 2024). However, the system only allows approval and posting in the current period, which is May 2025.
Solution:
- Navigate to Setup > Accounting > Manage Accounting Periods
- Locate January 2024 and click the magnifying glass icon under the Checklist column
- Click the green Close icon under the Task column
- On the Close Accounting Period page, enter the required Justification
- Click Reopen Period
- Open the Journal Entry and update the Posting Period to January 2024.
Note: Proceed with caution and consult with the Accounting team before making changes to a closed period.
Tagged:
0