Steps For A Successful Month End Close Presented by: Nancy Ross.

Steps For A Successful Month End ClosePresented by: Nancy Ross

Review All Journals1. Did all journals reset?2. Any missing GL codes or division codes?3. Any journal out of balance?

IF YOU ANSWERED YES TO ANY OF THE ABOVE---

4. Use the Data Fix Menu to resolve, or ask GE Support for help.

5. Reset the necessary journals.

Interface All Distributions

1. Review all distributions for current and prior periods.

2. Post any distributions for current and prior periods.

Run Trial Balance

1. Print Trial Balance for period being closed.

2. Compare Month end Report balances to the closing figures on the Trial Balance.

3. Use the Data Fix Menu to find problems with AP and/or AR being out of balance.

Ready to Print Financials!

• When you can match the month end report balances to the GL, you are ready to print Financial Statements.

• All journals and interfaces can be performed by the Job Scheduler.

• Set up Financial Statement printing in the “User Pick” List.

Questions?