Locking or Unlocking Fiscal Periods

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:

  1. Open Common Services > Fiscal Calendar.
  2. In the Fiscal Year field, enter the fiscal year that you want to update.
  3. 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.

  4. To lock the adjustment period, select the Lock Adjustment Period option.
  5. To lock the closing period, select the Lock Closing Period option.

  6. On the detail table, lock or unlock fiscal periods and programs, individually or in groups, as follows:

    • One fiscal period for one program. Double-click the field in the period column for the program, or select the field, and then press the Spacebar.
    • One fiscal period for all programs. Double-click Lock Column or Unlock Column for the period.
    • All fiscal periods for one program. Double-click Lock Row or Unlock Row beside the name of the program.
    • All periods and all programs. Double-click Lock All or Unlock All.
  7. Click Save.