Period End / Year end holding before closing

Question

Hi there, 
 I have recently joined a company which uses sage 100. They do not close accounts monthly and do it on yearly basis, which means anyone can post entries in July when we are in September. I used MS Dynamics 2012 in the past organization and it had a "hold" option for posting. So I complete my checklist every month and put a hold on that month so no one can post entry by mistake or intentionally. This way I can control my accounts and financials. 
 Is there any way I can achieve this in Sage 100. Please note that I can open any month any time if there needs to be any entry done in a specific month. 
 
 Thanks guys

StefanouM · Accepted Answer

Sage Knowledgebase has an article on proper period end closing procedures. You can also find Period End Check Lists in this manner: 
 
 From the Sage 100 Launcher menu, click Help, then Help Topics. (window will open in default internet browser) 
 Enter "Period End Checklist" in the Search field 
 Click on the Period End Checklist for the module you need. 
 
 https://us-kb.sage.com/portal/app/portlets/results/viewsolution.jsp?solutionid=222924450019506&page=1&position=1&q=period%20end%20closing

Kevin M · Answer

Period End processing in the GL prevents posting to the closed period (unless you open GL options and set the current period backwards). You typically want to close the GL after all the other modules though. There is a list somewhere of the recommended module close order... maybe someone can post a link.

Sage 100

Period End / Year end holding before closing

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