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Lease Activation

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in Lease Accounting 1 comment

Summary:

Dear Experts,


I have created property lease with lease start date as 2019-10-01, but not able to activate the lease. When am trying to activate the lease am getting error "You must have an open period for the 2019-10-01 transaction date."

GL period for Oct-19 is closed. how do we resolve this issue.

Strange thing is that we have activate lease with start date in 2019-10-01, when GL period OCT-19 is closed in test instance, but facing issue in production.

Regards,

Rajiv.

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