The Purchase period end comes after the Sales period end. It can be left
open until all purchase invoices and credit notes have been received for the
current month, and all payments made to suppliers this month have been
posted. Remember to check that you have collected and posted all your electronic invoices and credit notes for this month.
Before running the period end you should print any of the following reports
you require:
3. The period
end screen shows the current period each ledger is in (the
period you are closing), and when the period end was last run for each
ledger. The one you are about to run, i.e. Purchase Ledger, is highlighted
in red text.
4. Click the Ok button.
5. You are displayed the date this ledger had its last period end run, and
which operator ran it. Click Yes to continue.
6. The system will display various messages as it updates files and moves
transactions into history. You will be advised when the period end has
been successfully completed. Click Ok.
7. All of your period end dates will have been moved on, so it is good practice
to update the future purchase period end dates.
8. The Nominal
Ledger period end is the next and final one in the period end
routine.
You may wish to use the printable Power-Gx period end checklist as a
reminder of what you should run and the order in which to run them.