Close Modules by Date

Close Modules by Date

Closing General Ledger prevents the system from posting any Journal entries that fall on or before the selected date (generally the last day of the last audited fiscal year).

If Gifts, Pledges, Grants, or Payable items create Journal entries that fall on or before the selected date, you will receive an error on the G/L Journal Edit report.

Error: Posting to a closed period - when running edit report

FIMS will also prevent you from manually entering General Ledger Journal entries on or before this date. Closing periods is an excellent safeguard to prevent posting with incorrect dates.

Note: This program should be set up with supervisor security. Contact FIMS Support for more information.

1. In General Ledger, select File Maintenance > Close Modules By Date.
Close Modules by Date Window

2. Enter the Close G/L as of date.

3. (Optional) If you close your Gifts and Pledges, or Grants and AP modules before you close General Ledger, enter the desired Close Gifts and Pledge posting and Close Grants and AP posting dates. Leave these fields blank if you want to use the same close date as General Ledger.

4. Click OK.