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Changing the Current Accounting Period (CP) |
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Sun Documentation -
General Ledger
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Change Period (CP) allows you to change the current accounting period used in all SunSystems modules. You can also change the current period for Financials using Ledger Setup (LS). For Order Fulfilment modules you can also use Inventory Business Setup (IBS), Purchase Business Setup (PBS) and Sales Business Setup (SBS) as appropriate.
The current period is the default accounting period used for posting journals and transactions. It also appears as the default period when printing reports, calculating depreciation, etc.
Preparing to Change the Period
You should take care when using Change Period in a multi-user environment. The current period is read as each operator logs in to SunSystems, and this period applies throughout the session. Therefore, if one operator amends the current period, the new period is not effective for other operators currently logged in. The Change Period form shows the current periods according to your serialization.
It is standard practice to print audit trail reports, such as Account Listing, Journal Listing and Trial Balance, before moving to a new period.
Change Period (CP) forms containd the following fields:
Financials Current Period
The current period for the Financials module.
Inventory Current Period
The current period for the Order Fulfilment Inventory module.
Purchase Current Period
The current period for the Order Fulfilment Purchasing module.
Sales Current Period
The current period for the Order Fulfilment Sales module.
Warning: If you change the current period while you, or any other users, have any sessions open in SunSystems, those sessions continue to use the previous current period. As each new session starts, the new accounting period is used. You may get unexpected results, and are advised to only change the period when no users are logged in to that module.
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General Ledger 
