There are three aspects to managing the General Ledger and controlling what can get posted to what period.
JIWA 7 allows posting to two years at any one time. Before posting into a third year the Yearly Roll Over needs to be performed. Once a year has been rolled journals cannot be posted into that year. The Yearly Roll Over would generally be performed once the accounts have been finalised by your accountant.
The new year needs to be initialised to allow postings into those periods.
To restrict posting a particular period, the Lock Period option is used in the General Ledger Configuration form.
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