Set Up Period Close Activity Groups
- Security:Set Up: Period Closedomain in the Common Financial Management functional area.
You can group your period close activities and use these groups when you update the status of
your ledger periods. These activity groups enable you to close a set of
transactions, rather than an entire ledger period. Each close activity is a group of
operational transactions. Workday automatically populates a set of these close
activity groups, but you can also create your own for a more granular close
process.
- Access theMaintain Period Close Activity Groupstask.
- Remove operational transaction types from pre-existing period close activity groups for use with other groups.You can only assign operational transaction types to 1 period close activity group at a time.
- Create new period close activity groups and assign them operational transaction types.
You can select period close activity groups in the
Closed Activity
field when you update your ledger period status to Close in Progress
. You
can't edit closed activities that are in use.You can't delete a close activity group that is used for
Close in Progress
. However,
you can edit the activity group even if the ledger period has a status of
Closed
.Update your ledger period status.