When entering cash receipts, I receive an error message "Accounting Period is Not Open for A/R".

Question:

When entering cash receipts, I receive an error message "Accounting Period is Not Open for A/R".
What should I do to fix this issue?

Resolution:

You need to close the prior month.

On the AR Supervisor Functions menu, select the option for Update Accounting Period Flags and set the first month to '0' in the A/R Closed column on the far right. Make sure the remaining periods are set to 'N' in that column.

Dxfm39 Update Accounting Period Y/N Flags 1/23/12
SFC 15:22:35

* Corp # . . . . . . . 1 ABC CORP
Year . . . . . . . . 2012

Closing Valid A/P Recur J/E A/R Closed
Period Name Date G/L Posted Posted (0/1/2/3/4)
1 JANUARY 1/31/12 Y N 0
2 FEBRUARY 2/29/12 Y N N