An accounting period is based on one calendar month. Opening Periods

• The Financial Management system for the following month usually opens on the 20th day of the current month

• Other system modules open for the next period earlier in the month

Closing Periods

• Closing dates are defined in the submission and work schedule prepared by the Financial Management Authority

• Closing dates vary between system modules

• Information about submission deadlines and closing dates is available on the Financial Management Authority website

When do systems close?

Closing dates vary between systems. The Financial Management Authority defines closing dates in the submission and work schedule.

Institutions outside Orri

Institutions outside Orri must upload transactions before the 21st day of each month.