P4 Collection
P4 Books English
P4 Books English
  • Getting Started
  • How P4 Books Works
  • Access P4 Books
  • Getting Started (Quick Start)
    • Posting Periods
    • Tax Authority
    • Tax Codes
    • Payment Terms
    • Chart of Accounts
      • Banking
    • Warehouse Setup
    • Account Priming
  • Freight Carriers
  • Freight Terms
  • Products
  • Vendors
  • Customers
  • Payment Terms
  • Additional Expenses
  • Purchasing Transactions
    • Introduction - Purchase Orders
  • Sales Transactions
    • Introduction - Quotes
    • Introduction - Sales Order
  • Advanced Setup
    • User Permissions
    • Product Groups
    • Electronic Invoicing (Panama)
  • P4 Books API
    • Getting Connected to the P4 Books API
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  1. Getting Started (Quick Start)

Posting Periods

Last updated 1 year ago

Posting periods are used to maintain accounting periods that are open for posting and all closed periods are balanced. This is used for opening and closing the periods in the fiscal year for posting purposes. These are the periods of time that define your company's fiscal year and are used to post sales documents and generate financial reports.

Daily, Monthly, Quarterly, Yearly are the posting period options in P4 Books. To setup posting periods navigate to: Master Data> Accounting > Posting Periods

Once on the posting period setup screen click the button labeled Generate.

On this screen you can enter the name (2023) enter the start date, end date and type. Once oyu complete the data you will click the submit button to create the P4 Books posting periods.

Once a posting period is locked transactions cannot be posted to the period, unless the period is unlocked by your accounting team.

P4 Books Posting Period Setup
P4 Books Generate Posting periods