A/R Period-End and Year-End Processing Checklist

Home | FAQs & Troubleshooting

Use the following checklist to perform period-end processing activities.

  1. Back up the Accounts Receivable files onto a monthly set of backup disks or tapes.

  1. Ensure that all invoices and cash receipts are recorded for the current month.

  1. Perform Finance Charge Calculation to apply finance charges to past due customers. Use Finance Charge Entry to make any manual adjustments, print the Finance Charge Journal, and update.

  1. Print statements for the appropriate customers.

  1. Print the Accounts Receivable Sales Tax Report as of the appropriate date (monthly, quarterly, etc.) as required by your taxing jurisdiction, and purge from period end.

  1. Perform period-end or year-end processing. For more information, see Perform Period-End or Year-Processing.

  1. Select the reports you want to print for period end. It is recommended that you print at least the Accounts Receivable Aged Invoice Report.

  1. Complete period-end processing after all the selected reports have been printed.

  1. Back up the Accounts Receivable files using a separate set of disks or tapes from the set used to back up the system in step 1.