i have closed the period but the sales and expenses still appear in the trial balance

AI generated answer (using internal Slack threads):

****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ****** Closing a period in NetSuite is an important step to prevent any changes from being posted to that period. However, if you have closed the period and the sales and expenses still appear in the trial balance, there could be a few reasons for this: 1. Posting Status: Ensure that all your transactions, including sales, expenses, and elimination journals, are in a posting status. Only transactions that are posted will be considered in the adjustment period. 2. Costing Calculations: If you have reopened a period to post a journal and noticed changes in your COGS (Cost of Goods Sold), it could be because you closed the period while the costing system was still running. When you reopened the period, the system continued its calculations and posted the changes. This could affect your trial balance. To avoid this, ensure that all costing calculations are completed before you close a period. 3. Intercompany Transactions: If you have intercompany transactions, ensure that you have the correct intercompany settings and default intercompany accounts set. Also, remember that COGS should not be marked for elimination. If you have followed all these steps and still see sales and expenses in your trial balance after closing the period, it might be a good idea to take a snapshot of the balances and business activity statement / tax reports to track any changes as you close the books. For more information, you can refer to the following SuiteAnswers articles: - [Inventory Costing Overview](https://suiteanswers.custhelp.com/app/answers/detail/a_id/28147/loc/en_US) - [Understanding Costing and Valuation](https://suiteanswers.custhelp.com/app/answers/detail/a_id/32242/loc/en_US) - [Inventory Costing Preferences](https://suiteanswers.custhelp.com/app/answers/detail/a_id/21161/loc/en_US) Remember to turn on the "Display Report Title on Screen" setting at Home > Set Preferences to get a warning message on financial or inventory reports when Cost of Goods Sold is calculating.