Future accounting periods are not locked

AI generated answer (using internal Slack threads):

Based on the conversations, it appears that in NetSuite, padlocks for accounting periods do not appear until the period is active. This means that future accounting periods are not locked. You can set up years in advance, and the padlocks will only show for the current period. As for auto-generating fiscal year calendars/accounting periods, it seems that there is no known way to do this. The task of setting up accounting periods is typically done once a year, and it may not be worth building an auto-generation feature. However, you can create as many periods as you like in advance. When it comes to changing the accounting period structure, it becomes difficult once transactions have been posted to it and the periods are closed. Some users have found workarounds, but it generally requires creativity and flexibility. Implementing multibooks has been mentioned as a solution, but it may be an overkill for some situations. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******