In Opera 3, the Nominal Ledger offers open period accounting functionality.
Transactions can easily be posted from other applications such as
Sales, Purchase and Nominal Ledgers, Cashbook and Payroll into any
open period of the previous, current or next 3 financial years.
In addition, Opera 3 now allows you to rectify mis-posted Nominal
journals. Watch this short demonstration from Pegasus to see for
yourself.
Key benefits:
It's flexible: businesses can decide whether or not to have open or closed periods, which means the accounts team can control which period transactions are posted into
It's secure: you can define which users can open and close periods
It saves time and effort: the accounts team can forward post transactions ahead, such as rent and rates
