Mark the Ledger Closing Process as Finalized

While the ledger is locked, but not yet finalized, you may create adjustment journal entries, but all other operations are restricted.

Once you finalize a ledger, no further transactions are permitted and closing/opening balances are reset and resubmitted.

Mark ledger as finalized

If you’re already in the Ledger Editor, skip to step 4.

Select Finance from the Module pull-down list on the top of the screen.
Select Ledger Manager from the General Ledger menu, and that window opens.
Click the icon for the ledger you want to finalize, and the ledger opens to the General Information tab.
Click Change Ledger Status, and this window opens displaying new commands.
Click Mark as Finalized, and you’re asked to confirm the action.
Click OK. You’ll be kept notified of progress, and if the process is successful, you’ll be returned to the General Information tab. Note: The ledger will now be marked as finalized. Example