Locking or Unlocking Fiscal Periods

Learn more

You use the Fiscal Calendar screen to lock or unlock fiscal periods.

Important! There are many special considerations that you should understand before locking and unlocking fiscal periods. For more information, see About Locking and Unlocking Fiscal Periods.

To lock or unlock fiscal periods:

Open More > Common Services > Fiscal Calendar.
In the Fiscal Year field, specify the fiscal year that you want to update.
To allow posting to the fiscal year, select the Active option. (You can post to a year only if it is active.)
A fiscal year is active until you change its status to inactive by clearing this option.
To lock the adjustment period, select the Lock Adjustment Period option.
To lock the closing period, select the Lock Closing Period option.
On the detail table, lock or unlock fiscal periods and programs, individually or in groups, as follows:
- One fiscal period for one program. Select the check box in the field in the period column for the desired program.
- One fiscal period for all programs. Select the check box in the Lock All row in the column of the desired period.
- All fiscal periods for one program. Select the check box in the Lock All column in the row of the desired program.
- All periods and all programs. Select the Lock All check box.
Click Save.