E1: 09: Overview of Annual Close Report (R098201)
(Doc ID 664688.1)
Last updated on FEBRUARY 21, 2018
JD Edwards EnterpriseOne General Ledger - Version XE and later Information in this document applies to any platform.
As part of your year-end procedures, you must close your books for the fiscal year. To close your books, you close the following systems on the Company Setup form:
EnterpriseOne Accounts Payable and EnterpriseOne Accounts Receivable for year-end reconciliations to the GL.
EnterpriseOne General Accounting for retained earnings calculations.
After you close the fiscal year for these systems, you should run the Annual Close program (R098201). This sequence is suggested to prevent users from posting to the fiscal year while you are running the program or after you have completed running the program. Changing this sequence can cause integrity issues such as out-of-balance issues.
This document provides an overview of the Annual Close Report (R098201), including the overview of functionality, setup requirements, information on reviewing the annual close report and common error messages.
NOTE: In addition to the information provided in this document, you can also view a recording of a Webcast presentation on this topic. To view the webcast, inquire on <Document 1450327.1> Advisor Webcast JD Edwards EnterpriseOne Schedule. Select tab Archived 2012, then search for EnterpriseOne General Ledger GA Year-End and Annual Close, published December 19, 2012.
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