Change Accounting Period Status - Common Procedure
These are generic procedures that are common across the Straight-Line, ASC 842, IFRS 16, and GASB 87 pages of both the Contract and Equipment Contract modules of Lucernex. As such, these procedures do not call out specific navigation to the page.
To change the status of an accounting period:
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Click Change Status.
This displays in the Actions menu on the right side of the page.
The Change Status window opens.
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Select the status you want to apply from the Change value to field.
The two options are Posted and Not Posted.
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Do one of the following:
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If you only want to change the status for the current contract, leave the value of the On field as-is.
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If you want to change the status for all contracts, select All Contracts from the On field.
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Select the schedule type from the For all field.
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Enter the start date and end date in the starting on/after and ending before/on fields.
You can also click Calendar
to open the Date Picker and select the appropriate date. -
Click Update.
The page refreshes. A message appears in the upper-left corner of the window, which reads: Updated X records.
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Click Close to exit the Change Status window.
