FAQs»Month End/Year End»AR Fiscal Year End Procedures
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Last modified on 5/24/2016 5:52 PM by User.

AR Fiscal Year End Procedures

See the document titled: “AR Clear Customer Fields at Year End” for complete step-by-step instructions

**Balance the End of the Month and run the End of the Month reports as always.

  • Accounts Receivable (Module 2)
    • System Management Functions (Task 32)
      • Fiscal Year End Customer Processing (Sub-task 2)

This process goes into the Customer Master Files and moves the Current Year Sales to the Prior Year Sales. The process should be done before ANY SALES FOR THE NEW FISCAL YEAR HAVE BEEN POSTED INTO A

 

See the document titled: “AR Clear Customer Fields at Year End” for complete step-by-step instructions

**Balance the End of the Month and run the End of the Month reports as always.

  • Accounts Receivable (Module 2)
    • System Management Functions (Task 32)
      • Fiscal Year End Customer Processing (Sub-task 2)

This process goes into the Customer Master Files and moves the Current Year Sales to the Prior Year Sales. The process should be done before ANY SALES FOR THE NEW FISCAL YEAR HAVE BEEN POSTED INTO A/R!