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Financial Checks Before Month-End or EOFY

General Ledger EOFY

General Ledger EOFY process

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

Overview

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

Reports to run

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

  • Trial Balance
  • Profit & Loss
  • Balance Sheet

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

Training videos

Watch these videos to help you complete your EOFY General Ledger checks.

Video

EOFY Finance Module: General Ledger and Balance Sheet

Video

EOFY General Ledger: Period rollover and back posting

Schedule end of month

Upon completion of printing any applicable reports, schedule the end of month for General Ledger.

Refer to How do I schedule end of month processing in Jobpac for steps.

You're done when:

✓ Trial Balance, Profit & Loss, and Balance Sheet have been printed or reviewed
✓ End of month has been scheduled for General Ledger
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