What do the status codes stand for on the Funds File Maintenance (GL0019) screen?

General Ledger -> Funds File Maintenance (GL0019

The status of the accounting period is displayed, the status codes are as follows:

• O - This status code specifies that the accounting period is open and that all types of entries may be entered and posted to the period.
• S - This status code specifies that the fund has been 'Soft Closed' and that regular accounting entries MAY NOT be entered in this accounting period. However, general journal entries, budget transfers and budget supplements are permitted to be entered and posted to this accounting period.
• C - This status code specifies that the accounting period is closed, and NO TRANSACTIONS of any nature can be entered and/or posted to this period.
• N - This status code specifies that only certain types of transactions (that are typically associated with the next fiscal year) are allowed to be posted. These include requisitions, purchase orders and "original budget" transactions.

Note: If necessary, the status code can be changed to allow transactions to be posted to the accounting period, however, you must remember that if financial reports have been issued they will no longer be in agreement with the accounting records and therefore should be re-issued.