DBD: Reopen Closed Year
This guide outlines the procedure for temporarily reopening a previously closed fiscal year to post prior-period adjusting journal entries.
🔴 Administrative Requirement: To reopen a fiscal year, you must be logged into DB Distributor with a user code that has a security access level of 99. If your code does not have this clearance, please contact your System Administrator.
Reopening Procedure
General Ledger → Setup → System → Other Setup → Fiscal Year
- Enter the specific Fiscal Year you need to adjust.
- Click the Reopen This Year button.
- Post your adjusting entries as needed.
How the Year is Re-Closed
You do not need to perform a separate closing procedure once your adjustments are entered.
💡 Automatic Re-closure: When the General Ledger Detail Transaction Register/Update is run and finalized for these adjustments, the system automatically re-closes the target fiscal year and recalculates/rolls forward the adjusted values into the current period.