Consider this scenario: In preparation for your fiscal year-end close you have closed all the fiscal periods in Microsoft Dynamics GP 2010 Fiscal Period Setup for that year. You have the new year created and users have been posting in that new year. You notice that the checkbook register balance has changed even though there …
Tag Archive: fiscal period
Nov
24
Microsoft Dynamics GP Receivables Management Year End Closing procedures
Receivables Management has a date sensitive year end close process. Even though it is date sensitive there are SmartList objects that are not. We recommend closing Receivables Management before posting any transactions in the new year. Below are the steps for closing the fiscal and/or calendar year: Post all sales transactions for the current year. …
Nov
22
Microsoft Dynamics GP Year End Closing procedures
Year end is a busy time for all of us! Let’s make it a bit less stressful by reviewing the year end closing procedures for Microsoft Dynamics GP before you need to close! As Microsoft releases articles that are specific to year end closing of each module we will post them on our web site. …