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Dynamics 365 Community / Forums / Microsoft Dynamics GP (Archived) / Sorry, cannot post to ...
Microsoft Dynamics GP (Archived)

Sorry, cannot post to a closed peroid

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Dynamics GP 10 SP5

Example:

Received an "itemA" in November with a cost of "110.00"

In November "Item A" was sold.

In January we received the invoice for "Item A" with a cost of "120.00"

When we  go to Transactions->Purchasing->Enter/Martch Invoice

The General Posting Jounalreports , for the cost difference of "10.00" , posting back to November (period closed) fails,  with the error message "Sorry, cannot post to a closed period".

Last month we had over 1,000 transactions with this type of error.

Scourered over every blog and forum, can anyone help.

Manually fixing each transaction at the end of the month is killing our finance department.

Thank you

Peter

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  • Suggested answer
    Frank Hamelly | MVP, MCP, CSA Profile Picture
    Frank Hamelly | MVP... 46,633 Moderator on at

    Peter, I'll bet you have 'Revalue Inventory for Cost Variance' checked in your Item Classes and Item Purchasing Options.  Read my blog post about this here - gp2themax.blogspot.com/.../gptip42day-revalue-inventory-for-cost.html.

    When this box is checked, Purchase Receipt costs are updated during the Invoice match process, updating the unit cost on the receipt layer.  If that receipt layer has been sold, GP adjusts COGS for previously sold items from the layer in the period in which the item was sold.

    Uncheck the box in your Item Classes, roll the changes down to the items, and that should resolve the issue.

  • Suggested answer
    Tristan Clores Profile Picture
    Tristan Clores 2,812 on at

    Hi Peter,

    Just go to the Fiscal Period Setup window (MDGP | Tools | Setup | Company | Fiscal Periods), pull up the year and then UNMARK the November period for Financials.  Save the settings.

    Once done, pull up your batch in GL (Transactions | Financial | Batches) and then print the Edit List.  The error should now be gone.  Post the batch.

    Please let me know if you have further questions.

  • Frank Hamelly | MVP, MCP, CSA Profile Picture
    Frank Hamelly | MVP... 46,633 Moderator on at

    Tristan, in theory that would work.  However, few companies would want to go back and restate previous month financials because of a system-based adjustment.

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