Very little needs to be done. Aside from closing the period, you need to
run "Capture COS/WIP Activity" which needs to done prior to closing the
month.
Of course, the accoutning dept. should be preparing reconciliations, etc.
Edward F. Fox, Jr., CPA
Controller
Maxson Automatic Machinery Company
Phone 401-596-0162 a Fax 401-596-1050
www.maxsonautomatic.com <
http://www.maxsonautomatic.com/>
_____
From:
vantage@yahoogroups.com [mailto:
vantage@yahoogroups.com] On Behalf Of
jahatcher43
Sent: Thursday, May 01, 2008 8:59 AM
To:
vantage@yahoogroups.com
Subject: [Vantage] Period end closing
I'm a bit embarrassed to be asking because I feel I should know how
to do this after all the time spent on our implementation.
We are going live in June on version 404A and as I get farther down
on the list of things to do I realized that I really have no idea
what is required at the end of the month and year.
There are of course closings for the G/L module that I'm aware of.
Our current system has all kinds of month end closing procedures and
I'm accustomed to this ball and chain.
What, if anything, do I need to do at the end of the month/year?
Do I need to roll S/A, demand history, recalc MTD buckets and all
that lovely stuff or am I free of it?
Sorry for the ramble. Looking forward to any feedback.
Thanks,
John
[Non-text portions of this message have been removed]