GL Journals for Period 998 must have date of 06/30/2016

posted Aug 8, 2016, 9:54 AM by Peyri Herrera
When entering journals to Period 998, please ensure that you are using a date of 06/30/2016. Journals with dates in July and August will cause issues with SACS reporting.

Follow these steps for entering journals to Period 998:

1. Create a Journal Entry with Journal Date = 06/30/2016.
Add a New Value

2. Click OK on the warning message. This indicates period 12 is closed for fiscal year 2016. The closing period “998” is still open.
Click OK

3. From the journal header page, change the Adjusting Entry dropdown selection to Adjusting Entry. The period automatically changes to 998.
Adjusting Entry

4. Proceed with journal lines entry as usual. The date on all journal lines will be “06/30/2016.”