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What is status of Purchasing period " Permanently closed"

  1. You do not intend to open this period in future ,although the status is reversible

  2. Means that you can no longer accrue the purchases in this period

  3. Means that you will not posting to this period in future

  4. Periods are created in this period default
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Permanently Closed status means you do not intend to reopen this purchasing period, though the system allows reversibility if needed. This is different from simply Closed status as it indicates a deliberate long-term decision.

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