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How can I set the Workflow - Execute as Admin - Closed Period?
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https://netsuite.custhelp.com/app/answers/detail/a_id/11507/kw/execute%20as%20admin/related/1
says
If you enable Execute As Admin, the Override Period Restrictions permission is not automatically enabled for the workflow. Instead, the logged in user's value for this permission is applied to the workflow, to determine whether the workflow can complete updates to Posting Period field values. This exception is intended to prevent users who do not have the Override Period Restrictions permission from executing workflows that post transactions in locked periods. In addition, other updates made by a workflow with Execute As Admin enabled, such as changes to the Approval Status field, may still lead to changes in Posting Period field