Accounts Receivable EOFY process

Simona Riftin

Updated 06 June 2026 13:05

Accounts Receivable EOFY

Accounts Receivable EOFY process

There is no specific year-end processing required for Accounts Receivable. Proceed with your standard month-end procedures as usual.

Overview

There is no specific year-end processing required for Accounts Receivable. Please proceed with your standard month-end procedures as usual.

Reports to run

You may run the following reports before scheduling end of month:

Review and clear unapplied cash

Review and clear any unapplied cash through General Credits before scheduling end of month.

Note: An out-of-balance AR Trial Balance should not prevent you from running EOY.

Schedule end of month

Upon completion of printing any applicable reports, schedule the end of month for Accounts Receivable.

For detailed guidance on reconciling AR balances and investigating out-of-balance items, refer to:

You're done when:

✓ All applicable AR reports have been printed or reviewed

✓ Unapplied cash has been reviewed and cleared through General Credits

✓ End of month has been scheduled for Accounts Receivable