[GL] How to reopen the Fiscal Year in General Ledger to make adjusting entries

1. Access the Month-End Close Form:
   Go to GL > Programs > GL Month End Close.

2. Reopen the Prior Month:

   • Check Close General Ledger (defaults with Subledgers checked).

   • Enter the month before the one you want to reopen in Close Through Month (e.g., to reopen 12/24, enter 11/24).

   • Confirm the prompt to roll back the last closed month by clicking Yes.

   • Click Close Check until the message confirms no unprocessed items remain.

   • Confirm the reopening of the General Ledger by clicking Yes.

3. Reopen Subledgers (if needed):
   Repeat Step 2 but check Close Sub Ledgers instead of Close General Ledger.

4. Make Adjusting Entries:
   Enter any necessary adjustments using GL Journal Transaction Entry.

5. Reclose the Year-End Month:

   • Close Subledgers first, then the General Ledger.

   • Use Close Check for both.

6. Update Beginning Balances:
   Run GL Beg Balance Update to push changes into the next fiscal year.

Important Notes:

• The General Ledger must be reopened before Subledgers can be reopened.

• Do not exceed the Max # of Open Months in GL Company Parameters, or posting/creating batches will be blocked.

• If adjustments are made, the year-end month and Subledgers must be reclosed, and the GL Beg Balance Update rerun.