Posting for Period Already Closed

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Posted on by Community Member Microsoft Employee

Error message below received when reconciling bank.

Adjustment number OIN000056668 contains a posting date for a period already closed.

Can I reopen the period and change the posting date to a current month? Or do I have to reopen the period and post to the month in which the entry was originally booked.

Problem is we have already issued financial statements for the period in which the entry was booked.

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Rosemary 2 on at

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RE: Posting for Period Already Closed

You can post to current period, but you would need to check with Finance people
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sandipdjadhav 18,265 on at

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RE: Posting for Period Already Closed

Hi,

You can open period and post transactions but before that consult with your Financial Controller. If you post any transaction to "Closed Period" it may change GL balances.

Thanks much.
Sandip Jadhav