For employees who track or manage department budgets, the month of November 2012 is now closed in the PeopleSoft Finance system.
This means that the General Ledger (GL) system will not accept any more entries with a November Journal Date. (November transactions can still be entered into the GL, but the Journal Date must be changed to 12/1/2012 or later.) For that reason, we do not close the month until most transactions, in particular payroll and billings, have fed to the GL. Periods currently open are December 2012 through June 2013.