Period Ending Date

This date determines which transactions will participate in the closing process. The default is the current date.

 

Close

Select Period to close only the current period, or select Period and Year when you are closing the last period of the year.

 

Delete Transaction History

If this field is checked history transactions whose date is less than or equal to the Cutoff Date will be deleted.

 

Cutoff Date

Will default to the last date of the month previous to the month of the close date.

 

Rebuild Vendor Index

If this field is checked vendor records marked for deletion will be permanently removed, and the vendor file will be re-indexed and packed.

 

Update Summary

If this field is checked period-to-date totals (when you are closing the current period) or year-to-date totals (when you are closing the current period and year) will be reset, and the vendor history will be updated. The Last  Purchase Date is the date the program uses for the vendor history report as the end of the period you're closing. If you're closing the last day of the period, accept the default, which is the close date, or enter the actual last day of the period.

 

Go Button

Clicking the "Go" button will start the close process.

 

Cancel Button

Clicking the "Cancel" button will close the window and return you to the Main Menu.