Close A/R Fiscal Period (AR89)

The Close AR Fiscal Period (AR89) program serves two purposes:

1. Closes the Accounts Receivable Fiscal Period for the month.

2. Updates the 'Record of Collection' statistics for each Customer. This statistic includes Average Days to Pay, which is found in Customer Inquiries (SU45/Account Summary) and is printed by Print Aging Report (AR84) and Print Overdue Analysis Report (AR83).

You should run AR89 once per month only.

The following list defines every field in AR89:

• Last Fiscal Closing Date - this field is available only if there is no AR*FISC record on file (i.e. an AR Fiscal close has never been performed; this only happens during the initial set up). When this field is available, enter or select any date from the query.
  • Once a date is entered in this field, the Last Fiscal Closing Date is closed (i.e. unavailable) and no date displays.

• Last Period - displays the previous Period Date. Period dates are set up in Maintain Fiscal Dates (CC90). This field is for information purposes only and cannot be edited.

• Current Period - displays the current Period Date. Period dates are set up in CC90. This field is for information purposes only and cannot be edited.

The following table outlines the functionality of each button on AR89:

Button Label	Icon	Functionality
Close Fiscal Period		Starts the Close Fiscal Period routine to close the current fiscal period.
Cancel		Cancels the Close Fiscal Period request and returns you to the PointForce Enterprise main menu.

^{Close AR Fiscal Period (AR89)}