Update Financial Period

Only users with granted access can update the financial period.

For newly created project sites:

• • Ensure that the user who will update the financial period has access to the project site.

  • If newly added, log out and log back in to update access.

Toggle Right (Open the Period):

• • Invoices, Credit Memos (CM), and Payments can create transactions.

The system will display error notifications in the following cases:

• • Invoices – with Draft status.

  • Credit Memos – with Draft status.

  • Payments – with Draft status.

Update these transactions to the correct status before proceeding.

When the financial period is successfully updated, a success notification will be displayed."