General Ledger

Provide a means of closing the journals to input prior to a given date and a means of also reopening them. Use this closing dates to implement the posting of transactions with cumulative totals from the journals to general ledger accounts. Post the totals at fixed intervals to facilitate faster reporting as of specific dates or intervals. Implement automatic "soft" closing of the journals (with the subsequent posting to the general ledger accounts) for periods of no activitiy in the journals prior to a given point in time. These soft closings would be automatically reopened upon the entry of a back-dated transaction in the journals.