Rebuild Periods

This is a server-side process, which can be run straight away or scheduled to be run at a later time.

The Rebuild Periods command recalculates the Nominal Account balances for each period in the current financial year, and future financial years if the Open Period Accounting feature is used. Previous year balances are not changed by this process.

You must run the command if:

You use the Open Period Accounting feature and have changed the current or future financial calendars on the Financial Calendar form.
You have changed the calendar for the current financial calendar on the Nominal Ledger Set Options form.

If you do not run the command after changing a financial calendar, transactions may not align correctly with the new periods in the calendar.

Caution: The rebuild process may take some time, depending on the number of transaction records that will be rebuilt.

For more information see the Open Period Accounting Help topic.