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End Of Month Procedure - 2. Creditors

End Of Month Procedure - 2. Creditors


Post the General Ledger

This can be done at any time.

  • Main Menu
  • General Ledger
  • Utilities
  • Post GL Transactions

Click 'Post G/L'



Any imbalanced transactions will cause a warning to appear & the process will be stopped. The imbalance needs to be corrected & the reason for it investigated. It's a good idea to ring Support at this point.


Check the Creditors Control Account

  • Main Menu
  • Creditors
  • Enquiry
  • Aged Balances Summary

The total is at the top right hand side, it is $2,361,860.47




Now we can check the General Ledger Creditors Control Account.

In this case it's CL310.

Main Menu

General Ledger



Those values should match.



Close the Creditors

  • Main Menu
  • Creditors
  • Maintenance
  • Period Close
  • Click Period Close

 




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