Month End

General Ledger Month End:

The group must be disabled before proceeding with any month end. This prevents any transactions being processed during month end.

All other ledger month end must be performed prior to GL month end.

GL month end, being the last month end, is usually performed immediately after the creditors month end.

GL month end must be performed before the end of the next end of following calender month.

Follow the procedure as they are listed in order.

It is normal to do all month ends up to creditor and general ledger on the last calendar day of the month. Creditors month end is usually done a week or two into the following month allowing late creditors invoices to be processed.

General Ledger month end is always the last to be completed and usually follows immediately after Creditors month end.