The Stock period end is the first to be run each month, and should be run on
the last day of the financial period, after all stock movements for the current
period have been entered. This would include booking in goods received
and
entering any other stock adjustments. It is important that the
Stock period end
is done before any new stock transactions, e.g. entering sales or purchase
orders, are generated for the next financial period. This will ensure that a true
Stock Valuation is produced before the next month’s processing begins.
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. Stock, 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.