End-Of-Period Update (GLU890) field descriptions

How to

Use these fields to run the End-of-Period Update.

1. True Closeout

Specify Y or N to indicate if this is a true close-out. Specifying Y indicates you need to perform a true close-out during which the month will be closed. Specifying N indicates that a false close-out will be run.

See also

Closing the current fiscal period and update GL account file ending balances