Sage X3’s Patch 27 release for Version 12 included a brand new functionality that allows users the ability to close fiscal periods for a range of companies at one time. When running the new Multi-company period closing function all fiscal periods for all the companies' ledgers are closed at the same time. This new feature is a big time saver for users that spend numerous hours closing multiple companies fiscal periods.
How to Run the Closing Process for Multiple Companies
- Go to Common Data > General accounting tables > Multi-company period closing (FUNPMCCL)
- Select the box "All companies", a Group of companies, or a range of companies ("From company" "To company").
- In the ‘Period date until’ field enter the last period you would like to be closed for each company.
Once it's ran, a log will display all of the companies with either their completion status or any issues that prevented the closing process from completing.
Have any questions? Don't hesitate to reach out, it's what we're here for!