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AR199 - Period Closing Report
**Form Purpose
Run Period Closing Report (AR199) to close the current period and year for
the Lawson Accounts Receivable system, update record status, and update
customer period statistics. AR199 creates a report indicating the period
closed and, if requested, customers that have a credit balance.
**Processing Effect
Generally, applications remain unposted if the payment is unreleased, an
adjustment requires review in AR36.1 (Adjustments Exceeded Review), or all
applications require review in AR132 (Application Audit). Upon closing, AR199
updates system control, allowing the general ledger period closing program to
be run.
AR199 updates customer statistics differently for period end and year end
closing. A period end closing rolls the high balance, return to maker payments
(RTMs), paid prompts, and invoices paid from the current period to the
previous period; rolls each past period into the preceding period; and deletes
the oldest period. A year end closing rolls each period in the current year's
period billed, chargebacks, credits, write-offs, and paid to last year; moves
any value for the next year to the first period; and moves the year-to-date
Invoice Payment Average (IPA) and Days Beyond Terms (DBT) totals to last year.
Important When closing the last period of your fiscal year, select the Year
End option along with the period close. AR199 should not be run twice at year
end.
Updated Files
ARCUSTOMER -
ARSUMMARY -
CKPOINT -
GLCODES -
NATBALANCE -
Referenced Files
ARAPPLIED -
ARCOMP -
ARDISTRIB -
AROIHDR -
ARPYMNTHDR -
ARRTM -
ARSAPPLIED -
BLINVHDR -
CUSTDESC -
GLADDRESS -
GLCHART -
GLSYSTEM -
REVERSE -
INVOKED Programs
IFSG
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