End-Of-Period Update (ARU890)

How To

Use this program to close the current Accounts Receivable period. The End-of-Period Update should be run at the end of each Accounts Receivable period.

Note: The End of Period Update cannot be run if there are any cash receipts batches that have not been updated. The program read through the possible cash receipts batch files to see if any batches are unposted and displays a message if all batches are not posted and returns to the main FACTS menu.

This update enables you to:

• Close out the current period in accounts receivable.
  
• Clear the period-to-date customer and salesperson/territory sales information.
  
• Roll year-to-date information to the prior year, if this is the end of the year.
  
• Roll payments history down one period, dropping the oldest period.
  
• Remove paid document history based on the number of periods stored.
  

Before you run this update, make sure the following has already been printed and updated:

• Service Charge Register
  
• Statement Print
  
• Sales Tax Register
  
• Register History Report
  
• Document Removal Register
  

Access this program by clicking Accounts Receivable>End of Period>End-Of-Period Update.

Click Field Descriptions for information on each field.

See Also

How to run the End-of-Period update

Using Reports

Using print options

Using report templates

Viewing reports on screen (using the viewer)

Using reports and prints as audit trails