AR199 - Period Closing Report
Run AR199 (Period Closing) to close the current period and year for the
Lawson Accounts Receivable system, update record status, and update customer
period statistics. AR199 creates a report indicating the period closed and, if
requested, customers that have a credit balance.
If you selected Yes the Verify Post Date field on the Process form tab of
AR01.1 (Company), all payments, invoices, memos, and applications with a
general ledger date on or before the ending date of the period being closed in
GL01.1 (System Control) must be released and posted through AR190 (Application
Closing). An error message displays if AR199 attempts to process a transaction
that is unreleased or unposted. The error message will note the condition that
produces the error, not the specific record. Run AR233 (Unposted Application
Report) for a listing of unposted applications. Run AR242 (Unreleased
Transaction Report) for a listing of unreleased transactions.
Generally, applications remain unposted if the payment is unreleased, an
adjustment requires review in AR36.1 (Adjustments Exceeded Review), or all
applications require review in AR132 (Application Audit). Upon closing, AR199
updates system control, allowing the general ledger period closing program to
be run. Fully applied open items, payments, credits, and applications that
have been processed by the number of period closings as specified by the value
of the History Update Periods field on the Process form tab of AR01.1 (Company
), become permanently historical. For more information, see the field help for
History Update Periods in AR01.1.
AR199 updates customer statistics differently for period end and year end
closing. A period end closing rolls the high balance, return to maker payments
(RTMs), paid prompts, and invoices paid from the current period to the
previous period; rolls each past period into the preceding period; and deletes
the oldest period. A year end closing rolls each period in the current year's
period billed, chargebacks, credits, write-offs, and paid to last year; moves
any value for the next year to the first period; and moves the year-to-date
Invoice Payment Average (IPA) and Days Beyond Terms (DBT) totals to last year.
Important: When closing the last period of your fiscal year, select the Year
End option along with the period close. AR199 should not be run twice at year
end.
Updated Files
ARCUSTOMER -
ARSUMMARY -
CKPOINT -
GLCODES -
NATBALANCE -
Referenced Files
ARAPPLIED -
ARCOMP -
ARDISTRIB -
AROIHDR -
ARPYMNTHDR -
ARRTM -
ARSAPPLIED -
BLINVHDR -
CUSTDESC -
GLADDRESS -
GLCHART -
GLSYSTEM -
REVERSE -
INVOKED Programs
IFSG
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