Year End Checklist

Fiscal Year End Roll

Open up the new Fiscal Year so that new transactions can be opened and recorded. This is done in the Journal Entry Program by clicking Fiscal Year End in the toolbar and then make sure the Fiscal Year Start Date is correct and click OK

   **Note: This needs to be done immediately in order for new transactions and documents to be opened and posted. Once you have made all of your final entries for the previous year, you will come back and re-roll the year to update all of your ending GL account balances. At that time you will set the start date back to the date of the current fiscal year and click OK.**

Company Record 

Update the Cut Off Date Between values to set the date range for any accounting posting transactions

Department Records(s)

Update the Transaction Date values to set the date range for invoices to be opened and details to be added

   **Note- once you click save on the first department record, click the Set button in the lower right hand corner to update all department records to that date range at one time.**

Parts

Open the Parts module and click the Month End end button in the toolbar - the date this was last run will appear in the modal pop up - click the Month End button to run that process

Reports

Run any reports that you feel necessary

Balance Sheet, Income Statement, Trial Balance, Parts Inventory Valuation, AR Aging, AP Aging, etc. are some examples

Cancel Expired Quotes

Run the cancel expired quotes function in the Invoicing program