Set Period Close Window

Follow the guidelines provided below to complete the Set Period Close window.

Items in this window

Item	Notes
Group	Select the group on which you want to conduct a period close. To create a new group, you can select the Group Manager from the drop-down list or from the Customize menu.
Books	Select the books for which you want to conduct a period close. You must select at least one book.
[Select All/Unselect All]	Click this link to either select the check boxes for all available books or to clear the check boxes for all available books.
Close the Period for Assets Calculated Through	Enter the date (in the format MM/YYYY ) through which you want the system to save previously calculated depreciation amounts. The system includes all assets for which depreciation has been calculated through the last day of the month you enter. The date can be for any period, including an earlier period. If you enter a date for an earlier period, however, be sure you have calculated depreciation through that date for the assets you want to include in the report. The assets' current through date must be the same as the date you enter in this field. This ensures that the selected assets appear on the report.
[View Reporting Period]	Click this button to view a window that allows you to select the reporting period for each book.
Choose Report	Select a report that will display the calculation results at the end of the period close process. You can choose the Depreciation Expense report or any customized standard report based on the Depreciation Expense report. For example, if you have changed the column headings on the Depreciation Expense report and named the customized report "My Depr Expense Report," you can select My Depr Expense Report from this field. Note: This field is available only if you have purchased the Sage Fixed Assets—Reporting program.
Send To	Specify where you want to send the report: a display window or printer. Click the appropriate check box. If you do not want to generate a report, clear both check boxes. The system saves previously calculated depreciation amounts for the selected assets and updates them in Asset Detail.