11. Year End Reports Datafile Software Year End Reports An option of Year-End Reports can be added to the menu on Diamond and Premier product levels. This offers a similar selection of reports to the Automatic Reports option above that is run at month end. When you ... Read More
12. Period End & Year End Datafile Software Period End & Year End The period end is an essential process, particularly where the nominal ledger is in use. It closes the current period and moves the ledger forward into the next period. As the period-end can alter so m... Read More
13. YEAR-END-DEL – Mark Account for Deletion at Year End Datafile Software YEAR-END-DEL – Mark Account for Deletion at Year End Once an account has had a transaction entered against it the option to delete an account is restricted, you can only delete the account if ‘inactive’ – no ba... Read More
14. Period/Year-End Facilities - Cashbook Datafile Software Period/Year-End Facilities - Cashbook There are no user-defined items for these options.... Read More
15. Period/Year End Facilities - Nominal Datafile Software Period/Year End Facilities - Nominal The two user-defined options here determine what occurs when you clear the nominal transactions file. When Clear Transaction File, Write B/F Balances? You can choose here whether o... Read More
16. End of Year Procedure - Cashbook Datafile Software End of Year Procedure - Cashbook This procedure opens up a new year for the company. As discussed earlier you may have to do this shortly before the actual year-end for ‘forward postings’ in the sales and purchase l... Read More
17. Close Previous Year - Cashbook Datafile Software Close Previous Year - Cashbook As discussed previously the cash book covers two financial years – a current year and a previous year.You close the previous year once all postings and reports have been completed for that year,... Read More
18. Year End Facilities - Cashbook Datafile Software Year End Facilities - Cashbook Most users will not have this option on their menu. If you are running a nominal ledger then you use the nominal year-end processes to close years and open new years. If however, you do not have... Read More
19. End of Year Procedure - Nominal Datafile Software End of Year Procedure - Nominal This procedure opens up a new year for the company. As discussed earlier you may have to do this shortly before the actual year-end for ‘forward postings’ in the sales and purchase le... Read More
20. Close Previous Year - Nominal Datafile Software Close Previous Year - Nominal As discussed previously the nominal ledger (and cashbook) covers two financial years – a current year and a previous year. You close the previous year once all postings and reports have been comp... Read More