Option 6Close Month

This function allows you to close the month for General Subsidiary. If you entered ‘Y’ to the “Close Month in General Ledger?” field on the Parameters file, an error message will be printed and you will not be allowed to continue. The system will automatically close General Subsidiary when General Ledger is closed. The following processing steps accomplish this job.

1. Step 1This function checks to be sure that required reports have been printed before closing a month.
2. Step 2This disposition type is used for all standard processing functions within General Subsidiary.
3. Step 3This step prevents CANCEL from canceling the current job.
4. Step 4This step processes the information for Chart of Accounts, Subsidiary Codes by Account and Subsidiary Code Postings. Under certain conditions, records in the subsidiary Code Postings file will be added. Updates to certain fields in the Subsidiary Codes by Account and Chart of Accounts files will occur. Records in the Subsidiary Code Postings file will then be deleted.
5. Step 5This step processes the information for Parameters. Updates to certain fields in the Parameters file will occur.