Soft-Closing a Period in Enterprise

Aside from the standard period closing function, it is possible to soft-close a period within Enterprise so that it is still editable following the close of the period. For the majority of the process this follows the same procedure as a regular close. Instructions for how to do this can be found here.

Following the close of the period, navigate back to the Period Details / End screen. On here you should note the two date fields at the bottom of the screen, labelled ‘Date Restriction on Sales / Purchase’. These fields define the earliest date you can input data for. For example:

In the above screenshot, the date restriction on Sales is set to 03/02/2015. This means that operatives will be unable to input any data applying to a date before 3^rd of February 2015. This means that even once the February period is ‘closed’ certain data can be altered within that period. However, if the date restriction was set to 01/03/2015, they would be unable to alter any data within the February period, as 1/3/15 is beyond this period.