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ACCPAC/SBT Pro Closing

 

The definition from the ACCPAC/SBT manual is as follows:

The process of resetting period-to-date values to zero, in order to accurately record period-to-date values for the next period. Also, information about current period transactions are moved to the history files.

PRO series is designed to maintain multiple open periods. And in fact until a period is locked it is open. Periods can be locked in the System Manager Section.



Note that in this detail from the sample company no periods are locked.




Unlike many lower priced products ACCPAC/SBT allows transactions until a period is locked.

This is normally not done until late February or early March when the year end close is done.

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