1. Locking Financial Periods
Navigation: Global Overview > Fiance > General > Lock Financial Periods
Once a financial period is locked for a community it prohibits any users from processing any financial transactions up until the locked date. This is a permission-based function.
On the page, all communities will be listed. The community's current financial period dates as well as a status on whether that community's financial period is locked or not. This will be displayed in the second column. To lock a period, click on the word Lock in the fourth column.
The following screen will appear. Select the date up until which financial transactions should be locked. Select Lock after a date has been selected
Note that once the financial has been locked, it can not be unlocked. To process in the financial year that has been locked, select a date before the date when financial processing needs to be done. The date can however be changed only by users who have the relevant permissions. |
To change the financial dates, click on Edit.
Select the date up until which all transactions should be locked.
Once the date has been selected the date, click on Lock.
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