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  1. All transactions that no not have a financial impact are not checked when trying to close a period eg Product labels, Purchase runs etc
  2. All transactions that need to get Posted into Period will be checked when trying to close a period.
  3. All transactions that need a child transaction eg Purrec, Salshp, Stkdis etc will also stop you from closing a period unless the required child transaction exists and needs posting.
  4. When you try and close the period, the system will validate with the transaction types that are still open based upon point 2 and/or 3 above. See Periods