Month End Process

The Month End processes all balanced current transactions for the specified accounting period and generates a report. The G/L Month End report lists the Opening Balance for the Pre-Commitments, Commitments and Expenditures, all current activity in detail and produces closing balances.

Unlike the Year End, the period does not need to be locked before a month end can be ran.

All batches need to be finalized before the month end can be ran. The Month End process can be ran as many time as necessary.

Below is a work flow demonstrating the various steps to complete the Month End process:

Use the following links to get further information on each step of the process (the numbers correspond to each step in the workflow):

1.How to Balance (Fix) Batches

2.How to Lock/Unlock Fiscal Period (Month)- Unlock

3.How to Run G/L Month End

4.How to View an Existing Month End Report

5.How to Lock/Unlock Fiscal Period (Month)- Lock

Note: Click on any one of the above links to learn more about that section.

This process includes the following modules:

•Batch

•General Ledger