Reference: Period Statuses and Permitted Transactions
Period statuses control what you can process in your accounting period and by which
source.
You can set up different statuses for ledger periods that will affect the activities
that you can perform during that period.
This table lists permitted transactions during each period status:
Period Status | Operational Journal | Reversal Journal | Accounting Journals, Depreciations, and Receipt Accruals | Adjustment Journal |
Created
| No | Yes | No | No |
* Not Available
| No | Yes | No | No |
Open
| Yes | Yes | Yes | Yes |
**Close in Progress
Depends on the individual status of your activity
groups. | Configurable | Configurable | Configurable | Yes |
Adjustment Only
| No | No | No | Yes |
Closed
| No | No | No | No |
Reversals
: For reversals of accounting journals, Workday
creates reversal journals in Created
status but doesn't post them.*Not Available Status
: You can set periods you open in error
to a Not Available
status.**Close in Progress Status
You can close activity groups
independently giving you flexibility to close some groups and leave others open.