Use this program to close the current purchase orders period and set the period-to-date purchase figures in the vendor/item file to zero. If it is the end of the year, year-to-date figures are rolled to prior year.
Access this program by choosing Purchase Orders -->End of Period -->End-of-Period Update.
1. End-Of-Period Reports Run
Indicate if all reports have been printed. End-of-period reports include the Period Receipts Report, the Period Invoice Receipts Report and the Period Receipts Discrepancy Report. It may also be required to print the Vendor/Item History Report prior to this update as period-to-date figures are included on the report. If N is entered, a message advising that the end-of-period reports should be run is displayed. The user may then continue with the update or choose to exit the program.