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First time user: closing a month

Zanga Chimombo
on 8/4/15, 8:29 AM 738 views

I am getting the following error when attempting to close my first period (July 2015). "In order to close a period, you must first post related journal entries."

Now, I am not doing anything fancy. Just a handful of sales and purchase receipts for a small family business. (read: no taxes).

What do I do to close the month?

Zanga Chimombo
On 8/31/15, 9:47 AM

Ok. This seemed to get rid of the problem: Periodic Processing > Draft Entries > Post Journal Entries where I added the Sales Journal for the July period and "Approved". I did the same for the Purchase Journal for the same period. When I tried to close again. It worked!

I will try and figure what goes on as I am closing August.

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Asked: 8/4/15, 8:29 AM
Seen: 738 times
Last updated: 8/31/15, 9:47 AM