FAQs for the Configure General Ledger Settings Screen
This sections contains FAQs when configuring general ledger settings.
When the 'Use Maximum Open Subperiod' check box is selected on the Configure General Ledger Settings screen, which subperiod will be used for posting?
The maximum open subperiod will be used for posting in the Post Intercompany Receivables application.
For example, the Use Maximum Open Subperiod check box is selected on the Configure General Ledger Settings screen and the following data exists:
| Journal Code | Fiscal Year | Period | Subperiod | Open Status | Company ID | Subperiod End Date |
|---|---|---|---|---|---|---|
| ICR | 2010 | 12 | 1 | Y | 1 | 12-03-2010 |
| ICR | 2010 | 12 | 2 | N | 1 | 12-10-2010 |
| ICR | 2010 | 12 | 3 | N | 1 | 12-17-2010 |
| ICR | 2010 | 12 | 4 | Y | 1 | 12-24-2010 |
| ICR | 2010 | 12 | 5 | Y | 1 | 12-30-2010 |
| ICR | 2010 | 12 | 6 | N | 1 | 12-31-2010 |
The maximum subperiod that Costpoint will use for posting is subperiod 5 with end date 12-30-2010.