Set Active Posting Period in 2007A
Unlike 2005A, I cannot find Set Active Period setting in the Posting Period. Anyone know how to set a period as the one that is Active? Thanks.
Sridharan T replied
The status of the period as assigned in the Posting Period window. Each status indicates what transactions and documents can be posted within the date range of each posting period:
Unlocked u2013 all types of transactions and documents.
Unlocked Except Sales u2013 all types of transactions and documents, except for the documents under the Sales u2013 A/R module.
Period Closing u2013 users who have period closing authorization can post all types of transactions and documents.
Locked u2013 neither transactions nor documents can be posted.
Note: The Current period setting is removed in 2007
Check the link
Look for 'Period Status' in the above link for reference