. Execute to select the applicable pay cycle.Use this screen to close the pay period. You can have only one pay period per pay cycle open at any time. You must close one pay period before any activity for the next period can take place.
Close the pay period after posting and before you need to have any activity in the next pay period.
When you enter this screen, you are in . Execute to select the applicable pay cycle.
This field displays the pay cycle description.
The Pay Cycle Schedule automatically displays after you select the pay cycle. In this non-editable table, you can see which pay period (Start Date, End Date, Open, Payroll Year) is closed by this process.
Click 
to close the current pay period. The Pay Period table reflects the closing; Costpoint clears the check box in the Open column.
There are two edits in this process. There is a hard edit that prevents the pay period from being closed if there are current pay period transactions in the Payroll Journal that have not been posted to the General Ledger. There is also a soft edit that displays a message if there are no records in the Pay History for the current period.