Day-End, Month-End, Year-End
Closing Routines command From the Navigator menu, choose General Ledger> Closing Routines. Use the Closing Routines to advance your ledger book month, ...
Mon, 2 May, 2022 at 6:37 AM
Problem Overview Foreign Exchange Issue: A US check issued and posted in the previous month resulted in a discrepancy between the debit and credit postings...
Wed, 20 Mar, 2024 at 10:29 AM
At the end of each month, it is recommended that you complete the following: 1. Reconcile all clearing accounts (Cash Clearing, Paid Out Clearing, etc), a...
Thu, 13 May, 2021 at 11:05 AM
The Point of Sale Transaction Report is used to report and reconcile on Cash, Accounts Receivable, or both. Typically, you will use the Cash and AR option,...
Thu, 25 Aug, 2022 at 4:52 PM
The purpose of reconciling your cash clearing is to verify that you have correctly recorded and deposited your daily point of sale activity. The idea is tha...
Thu, 25 Aug, 2022 at 4:48 PM
Year-End Procedure Contrary to popular belief, “year-ends” do not happen on the last day of your financial year. You must wait for bank statements an...
Sun, 22 Dec, 2024 at 10:50 PM
