Use the Standard Period Ending Dates Entry program to create and maintain the standard period ending dates record.
This record should be entered when initially setting up the system. It contains period ending dates for the system. The Company Period and Ending Dates program references data created here.
The standard period ending dates record contains ending dates for 45 periods. Initially, there should be future period ending dates to run the system for a year. However, at the end of that year, the system tries to use the next period ending date (while running the GL End-of-Period Update) and there is not one. The system prompts you to access to this file maintenance and add some new future standard period ending dates (the oldest dates are dropped). Then you can close GL completely. The standard period ending dates must remain at least two periods ahead of any company current period ending date.
To access this program, click General Ledger> File Maintenances> Infrequent File Maintenances>Standard Period Ending Dates F/M.
Click field descriptions for information on each field.
See also