Can we process audit journals in the adjustment period after generating closing journals

Summary:

Can we process audit journals in the adjustment period after generating closing journals

Content (required):

We have two adjustment periods, one at the year end and one at the the beginning of the year. We wish to generate the Income Statement Closing Journal and Balance Sheet Closing Journal on the last adjustment period.

What ever the closing journals that we generate on the last adjustment period is not fully complete as we get the audit updates/entries pertaining to the last year only on the period 5 of the new year, which we are required to go back and process within the last adjustment period.