Closing Inventory Periods

An inventory period accumulates until you specifically close it. Close your inventory periods according to your normal accounting practices.

1. Click the Products icon, select Inventory, and select Period Close.

   OR

   Click Tasks on the main window toolbar, select Inventory, and select Period Close.

   The Inventory Period Close window opens.

2. Select the Include year end close check box if you are at the end of your fiscal year.
3. Click OK.

   Your period-to-date inventory numbers are moved to year-to-date numbers, or if you included year-end numbers, your inventory numbers are moved to last year in the products’ Product Detail Maintenance window.