How to: Close the Period

How to close the period in GreenSlate's Web Application.

Step 1: Under ACCOUNTING, click CLOSE PERIOD.

 

Step 2: Click CLOSE PERIOD.

 

Step 3: Select the period end date.

 

Step 4: Click SAVE.

NOTE: You will be prompted as to whether unposted transactions should be posted in current period, or moved to new period.

 

Step 5: Once you close the period, period ending reports are available. This includes the Cost Report, Trial Balance, EFC Changes Report, and GL Bible.