---
title: "Close financial periods (IN509000)"
description: "You use this window to close active financial periods in the Inventory workspace, which is a required stage of closing a period in the general ledger."
lang: en
languages:
  en: https://docs.vismasoftware.no/visma-net-erp/help/inventory/inventory-windows/close-financial-periods-in509000/index.md
lastmod: 2026-02-23
---

> Documentation index: https://docs.vismasoftware.no/visma-net-erp/help/inventory/inventory-windows/llms.txt


# Close financial periods (IN509000)

Last modified February 23, 2026

> You use this window to close active financial periods in the Inventory workspace, which is a required stage of closing a period in the general ledger.


This topic provides information about the elements in this window in Visma Net, such as fields, field values, buttons, and check boxes.

You use this window to close active
financial periods in the Inventory workspace, which is a required stage of closing a
period in the general ledger.

(The financial period can be closed in the General ledger workspace only if it is closed in the Supplier ledger, Cash management, Customer ledger, and Inventory workspaces.)
When you close a given financial
period, all preceding active periods will be closed as well if they have not already
been closed.

> [!NOTE]
> Posting transactions to closed periods is not allowed unless you have selected the **Allow posting to closed periods** check box in the [General ledger preferences (GL102000)](https://docs.vismasoftware.no/visma-net-erp/help/general-ledger/general-ledger-windows/general-ledger-preferences-gl102000/index.md) window.

## The window toolbar

<table class="vismanet-table">
  <colgroup>
    <col class="vismanet-table__col--key">
    <col>
  </colgroup>
<thead class="vismanet-table__head">
  <tr class="vismanet-table__header-row">
<th class="vismanet-table__cell vismanet-table__cell--header">Button</th>
<th class="vismanet-table__cell vismanet-table__cell--header">Description</th>
</tr>
</thead>

<tr class="vismanet-table__row">
<td class="vismanet-table__cell">Close periods</td>
<td class="vismanet-table__cell"><p>Initiates the process of closing the chosen financial
periods or those for which you have selected the check
box in the <strong>Financial periods</strong> area.</p>

    <div class="admonition admonition-note" role="note">
    <div class="admonition-title">
        
        Note
        
    </div>
    <div class="admonition-body">
        <p>When the operation is completed successfully, the <img src="/media/visma-net-erp/icon-confirmation.png" alt="icon-confirmation"
  loading="lazy"
  decoding="async"
> icon is displayed. The <img src="/media/visma-net-erp/icon-error.png" alt="icon-error"
  loading="lazy"
  decoding="async"
> icon indicates that the operation was cancelled because some necessary conditions were not met.</p>
    </div>
    </div>

</td>
</tr>

<tr class="vismanet-table__row">
<td class="vismanet-table__cell">Unreleased Documents</td>
<td class="vismanet-table__cell">Generates the list of unreleased inventory documents for the selected financial periods (that is, the periods you have selected in the table), so you can view their details. The system generates this report in the PDF format and opens the created document.</td>
</tr>

<tr class="vismanet-table__row">
<td class="vismanet-table__cell">Unposted to Inventory documents</td>
<td class="vismanet-table__cell">Opens the <a href="/visma-net-erp/help/general-ledger/general-ledger-reports/all-unreleased-documents-gl65601s/index.md">All unreleased documents (GL65601S) report</a>, which displays a list of all transactions that were entered but not released during the specified financial period.</td>
</tr>

</table>


## The top part

This area has a table showing all currently
active financial periods for the earliest year that has active periods.
Select one
or more periods for closing and click **Close periods** in the
window toolbar.

A period can only be closed if there are no documents with the **On hold**, **Balanced**, and **Released** statuses to be posted to this period.

<table class="vismanet-table">
  <colgroup>
    <col class="vismanet-table__col--key">
    <col>
  </colgroup>
<thead class="vismanet-table__head">
  <tr class="vismanet-table__header-row">
<th class="vismanet-table__cell vismanet-table__cell--header">Column</th>
<th class="vismanet-table__cell vismanet-table__cell--header">Description</th>
</tr>
</thead>

<tr class="vismanet-table__row">
<td class="vismanet-table__cell">Period</td>
<td class="vismanet-table__cell">The identifier of the financial period.</td>
</tr>

<tr class="vismanet-table__row">
<td class="vismanet-table__cell">Description</td>
<td class="vismanet-table__cell">A description of the financial period.</td>
</tr>

<tr class="vismanet-table__row">
<td class="vismanet-table__cell">Active</td>
<td class="vismanet-table__cell">If you select this check box, the financial period can be used for posting transactions. This check box is read-only; to change the state of the financial period, use the <a href="/visma-net-erp/help/general-ledger/general-ledger-windows/financial-periods-gl201000/index.md">Financial periods (GL201000)</a> window.</td>
</tr>

</table>


<h2>Related pages</h2><h3>Windows</h3>
<ul><li><a href="/visma-net-erp/help/general-ledger/general-ledger-windows/close-financial-periods-gl503000/index.md">Close financial periods (GL503000)</a></li><li><a href="/visma-net-erp/help/cash-management/cash-management-windows/close-financial-periods-ca506000/index.md">Close financial periods (CA506000)</a></li><li><a href="/visma-net-erp/help/supplier-ledger/supplier-ledger-windows/close-financial-periods-ap506000/index.md">Close financial periods (AP506000)</a></li><li><a href="/visma-net-erp/help/customer-ledger/customer-ledger-windows/close-financial-periods-ar509000/index.md">Close financial periods (AR509000)</a></li>
</ul>


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