Preparing Inventory to Closing Periods

Reviewing unprocessed inventory transactions

1. Open the Close Financial Periods (IN509000) form.
2. In the unlabelled column, select the check boxes in the rows of the financial periods for which you want to review financial transactions.
3. On the form toolbar, click Unreleased Documents.
4. In the Unreleased IN Documents (IN656600) report, which opens, check whether there are any documents with the On Hold or Balanced status.
5. For each unreleased document, do the following:
   1. In the Ref. Nbr. column, click the link to open the document on the Receipts (IN301000) form.
   2. Do one of the following:
      1. Release the document if it is ready to be released.
      2. Delete the document if you no longer need it.
      3. Change the post period for the document if the document will be processed in a later period.
6. After you have processed all the transactions, do the following:
   1. In the unlabelled column, select the check boxes in the rows of the same financial periods.
   2. Click Unreleased Documents.
   3. Make sure that the Unreleased IN Documents report is empty.