End of Month
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The end of month process for the General Ledger is in fact a very simple affair except in the case of the end of year roll over. At the end of every month you select the Start New Month option. This causes the system to reverse any automatic reversing journals and then to increment the current period pointer.
Because of the storage technique used by Acumen to allow posting to any period at any time (subject to security access) there is no need to roll over accumulated figures or clear out month to date balances. You may however wish to take advantage of the Journal Cleanup option at this time. This facility allows you to clear out processed journals that are more than a nominated number of months old (this is relative to their entry date not their period of ledger effect).