The Sales period end follows on from the Sales Order Processing period end
and is normally run on the last day of the financial period after all transactions
for the current financial period have been entered. This includes the posting
and allocating of cash received and sales ledger journals. However,
the
system will know that orders entered for the new month are not yet relevant,
so it is ok if you are a bit late completing the Sales period end.
Before running the period end you should print any of the Sales Ledger
reports you require, for example:
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. Sales 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 sales period end dates.
8. The Purchase
Ledger period end comes next 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.