Default Number of Accounting Periods

Once you have determined the number of account period records that you wish to maintain in each accounting year, you can set a system parameter to use this number as the default when creating account period records.

The system supports a default number of accounting periods.  The default number of periods is defined by the system parameter “SYSPERYR”.  The default value in this parameter is used by the system when creating account period records for new and existing accounts.  Normally the SYSPERYR parameter will be set when the system is installed, but it can be modified as required by editing the appropriate parameter record.  (Please see the System Administration guide for more information about system parameter setup and maintenance). 


Transaction Posting