Locking a Fiscal Period

When you no longer want transactions to post to a month, you need to lock it. You can perform this step of the month-end closing process after the last day of the month that’s being closed.

To lock a fiscal period

1. Generate the GL Temp Report and Post Error Report to see whether all system-generated entries have posted to the general ledger since the last day of the month. If the reports identify any posting errors, fax the reports to TireMaster Support at 503-296-2800. For more information, see GL Temp Report and Post Error Report.

2. From the Closing menu, select Month End Procedures and then Lock Month.

3. To lock a month in the current year, select Current Year and click OK. A confirmation message appears.

Note: Although you cannot post transactions to a locked month, you can unlock months and then post transactions.

4. Click Yes. A confirmation message appears.

5. Click OK.

6. Back up your data to removable media. See Backing Up Your Data for information about backing up your data.