Period Close was accidentally cleared, how can I reset it?

Question

Hi, 
 The end-of-year Period Close was accidentally cleared and I need to reset it. The last fiscal year-end is 6/30/2017 and depreciation has been run thru 3/31/2018. 
 Thanks 
 Tim

Delray · Accepted Answer

A Period Close is a copy of the Depreciation information from one set of fields to another. There is only one set of Depreciation information in the database at any given time, and that is the Current Through date. In order to set a period close in a prior period, you would first need to run depreciation back to that prior period. 
 To accomplish the recreation of the Period Close: You would be following the steps in How to run a report for a past or future period with the addition of setting the Period Close How to do a Period Close .

Delray · Answer

When you make a change and select the Period Close Date - The Period Close information is moved to the Beginning information fields which is the effect you are looking for in the going forward calculation. 
 The Period Close fields are blanked out because it was moved to the Beginning fields where is has the same effect as the period close prior to the change.

Delray · Answer

The Begging information is a manual override of Depreciation. If you know the YTD and Accum amount you want on the asset (what was in the Period Close) you can just change the Beginning date to the FY End and enter the appropriate amounts in the Beginning YTD and Beginning Accum.

Delray · Answer

You could just run depreciation back to the period end date, then your select of Current Through Date on the change would be the same as the Period Close Date.

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Period Close was accidentally cleared, how can I reset it?

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