Closing Financial Periods in Dynamics GP
Hi,
A small user tip given the time of year :)
Question: Have you ever clicked the Mass Close button in the Financial Period Setup Window? That is the window that you go to when you want to open and close periods in your ledger.
Most, if not all of you would close Sales within the first day or so of the month, then Purchases and few days later and finally Financial.
But did you know that you can close say Sales Invoicing but still allow Cash Receipting to continue? I didn't until I read this little blog from Mark Polino. Even those of us that have been using this system for 10+ years learn something new when we least expect it.
Oh - and I am pretty sure that this is available no matter what version you are on.
Link to Mark's post
Cheers
Heather