This status conditions the accounting actions: charge accounting, transfer from an account to another one (first use), issues... It can have the value:
- Close
- Current
- Not opened
- Opened
- Only one period can have the Current status:
- the first period of the current fiscal year automatically takes the Current period status, as well during the creation of the amortization context as at the end of the fiscal year closure which goes to a new current fiscal year.
- The closure of a period sets the Current status on the following period. - The periods following this period can be Open or Not open, even if it is periods of the current fiscal year or of the following fiscal year. However it is not possible that an unopened period may be anterior to an open period.
- The closure of a period is done via the Closure
processing. - The opening and closing of a period is done using the Opening / Closing right-click button.
When the setup ACCPERCTL - Accounting period control has the value Yes, the opening of a period is used only if the period is opened in general accounting.