GP to BC Enablement Series - Closing Fiscal Periods
Closing Periods
In Dynamics GP, periods are closed by module for each period. Users can choose to close different modules by using the Fiscal Period Setup window.
Dynamics GP - Fiscal Periods Setup Window
In Business Central, posting is closed for an entire period across all modules in the General Ledger Setup page. But, unlike GP, different users can continue to post in closed periods if they are granted permission. This is done in the User Setup page.
Business Central - General Ledger Setup
Business Central - User Setup