Hi I have created a new Entity "DEV" in D 365 finance and operations (AX7) created a ledger and associated to COA and ledger calender ("fiscal"). Strangely, it shows the period status for the entity ("DEV") is permanantly closed! I haven't done any year end close or anything! I have used the configuration templates (set of zip files with excel) to import the configuration data! When I try to update the period, it says " A closed fiscal period cannot be reopened." What can I do to open the Period status!! I tried to create a new fiscal calendar and associate to the ledger. Still the same result!
Appreciate your input.