Accounting periods in ACCOUNTING

Create an accounting period per month per year.

Use the date fields to define the time span of the accounting period.

Field	Description
Accounting period	Identifier of the accounting period consisting of the year with four digits (YYYY) and the month with two digits (MM).
Description	The month of the year
Open from	The accounting period is open from ... . The opening and closing dates of an accounting period must be agreed upon with the financial accounting department.
Open until	The accounting period is open until ... . The opening and closing dates of an accounting period must be agreed upon with the financial accounting department.
K-Closing	An accounting period can no longer be used for bookings if the Closing checkmarks are activated. Accordingly, the accounting period is open if these fields are not activated. If you close an accounting period that is identical to the service month of the file, the system uses the next open accounting period for the invoicing. It is thus possible for a file to have different accounting periods.
D-Closing
Accrual closing
Accrual closing	The fields K-Closing and D-Closing are no longer considered for accruals. This enables the posting of accruals in a month that is already closed for creditors and debtors.
Temporarily closed	Activate this checkbox to close the accounting period temporarily. If the system determines an accounting period that is temporarily closed, it is not possible to select another accounting period manually.