How To Reopen an Accounting Period in NetSuite?

Ron Danenberg01:24

NetSuite Training Summary

In this video, Ron follows up on his previous tutorial about closing an accounting period in NetSuite by showing how to reopen one. 

He navigates through the Setup and Accounting menus to the Manage Accounting Period section. Ron revisits the closure screen, then proceeds to reopen the period by entering a justification for the action. 

He emphasizes the importance of proceeding with caution. After reopening the period, Ron illustrates how to adjust task statuses back to “in progress,” allowing for modifications to previously closed periods.