P/O Period End Processing

 

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Perform Period-End and Year-End Processing

Overview

 

 

 

Fields

 

 

 

 

Related Topics

 

 

P/O Period End Reports

Purchase Order Options

Period End Report Selection

P/O Period-End and Year-End Processing Checklist

Period End Report Listing

System FAQs

Complete Period End Processing

 

 

 

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Select Purchase Order Period End menu > Period End Processing.

Overview

Use Period End Processing to automatically perform either period-end or year-end processing based on the period entered in th Current Period field in the Purchase Order Options window.

Period End Processing allows you to close the current period and cycle the accounting period forward to the next period. Period-end processing is usually performed at the end of each accounting period. Year-end processing takes place automatically when period-end processing is performed for the last period of the fiscal year.

Note Fields in the Purchase Order Options window are used to determine the current accounting period and number of years to retain purchase history after year-end processing.

The following occurs during period-end or year-end:

If you have not already printed period-end reports, you can do so during period-end processing. You can also select and print period-end reports without accessing Period End Processing by using Period End Report Selection.

Warning Backing up your data is an important part of your daily and monthly procedures. Back up all Purchase Order data before proceeding.

Fields

 

Print Period End Reports