Month-end Close in a Non-profit Organization
|
|
- Silas Bryan Hutchinson
- 8 years ago
- Views:
Transcription
1 Month-end Close in a Non-profit Organization Cindy Cline Cline Consulting and Training Solutions, LLC
2 Agenda Introductions How the Applications Work Together Month-end Close Processes Planning Your Month-end Close Q&A
3 Applications Interface Purchasing Accrual Purchasing Commitments Matching Journal Entries Payables Expenditures/ Adjustments Labor Distribution Employer Costs Payments/ Clearing Grants Invoices Cash Mgmt Deposits/ Clearing Receivables Journal Entries General Ledger Costing Journal Entries Journal Entries Payroll Asset Invoices CIP Timecards OTL Assets Journal Entries
4 PTAEO vs. COA PTAEO Project Task Award Expenditure Type Expenditure Organization COA Fund/Award Project/Task Natural Account Responsibility Center Location
5 Payables/Purchasing Commitments Payables to General Ledger Purchasing Matching Expenditures/ Adjustments Grants DR CR Invoice Distribution AP Liability Payables Purchasing Accrual Journal Entries Journal Entries General Ledger Grants to General Ledger DR Burden Expense CR Burden Clearing DR Misc Trx Expense CR Misc Trx Clearing
6 Labor Costs Labor Distribution to General Ledger Dr Payroll Clearing Cr Payroll Liability Grants to General Ledger Dr Payroll Expenses Cr Payroll Liability Cr Payroll Clearing
7 Identify Suspense in LD select distinct d.employee_number, a.person_id, d.full_name, b.suspense_reason_code from psp_payroll_lines a, psp_payroll_sub_lines c, psp_distribution_lines b, per_all_people_f d where a.person_id=d.person_id and c.payroll_sub_line_id =b.payroll_sub_line_id and c.payroll_line_id=a.payroll_line_id
8 Grants Grants to General Ledger Dr Expense Cr Clearing Account Purchasing Matching Commitments Payables Expenditures/ Adjustments Invoices Receivables Journal Entries Labor Distribution Employer Costs Grants General Ledger Journal Entries
9 Revenue/Receivables Grants Invoices Receivables Journal Entries General Ledger Revenue Interfaced First Dr Unbilled Receivable Cr Revenue Invoice Interfaced First Dr Receivable Cr Unearned Revenue Dr Cr Receivable Unbilled Receivable Dr Cr Unearned Revenue Revenue
10 Assets Asset Additions Dr Cost Clearing Cr AP Liability Dr Cost Cr Cost Clearing
11 Month-end Close Processes/Tasks
12 Month-end Close 2 days to 2 weeks or longer Applications Close Pre-posting activities Posting activities Verification activities/reconciliations
13 Cash Management Complete Bank Reconciliations Clear Check Clear Receipts Payables to General Ledger Record payment Dr AP Liability Cr Cash Clearing Reconciled Payment Dr Cash Clearing Cr Cash
14 Payables Pre-posting Activities Enter all invoices and payments Invoice approval workflow Release Invoices on hold Invoice validation and payables accounting Transfer to GL Create mass additions Posting Activities
15 Payables Verification Activities AP Trial Balance Posted Invoice Register Posted Receipts Register Period Close Exceptions Outstanding Payment Batches Entries not Transferred to GL Unaccounted Invoices or Payments
16 Payables Beginning Trial Balance + Posted Invoices - Posted Payments Ending Trial Balance
17 Purchasing Pre-posting Activities Enter all invoices and receipts Apply receipts Verify Payables Closed Reports Accrual Reconciliation Uninvoiced Receipts
18 Purchasing Posting Activities Receipt Accrual Period End Verification Activities Encumbrance Detail Report
19 Grants Pre-posting activities Interface supplier invoices from payables Verify that payables is closed Costing and funds checking Create burden transactions Generate and release invoices Generate and release revenue
20 Posting activities Grants Interface invoices to Receivables Interface revenue to GL Interface costs to GL Verification Activities Tieback processes EXC: Transaction Exception Detail
21 Receivables Pre-posting activities Enter all receipts, invoices and NSF checks Autoinvoice Run Incomplete invoices report and update incomplete invoices Run Adjustment approval report Posting Activities Interface/General Ledger
22 Receivables Verification Activities Transaction Register + Credit Memos = Sales Journal (debits + credits) Current aging = Prior aging + Transaction register Adjustment register Invoice Exceptions report - Payments
23 Receivables Verification Activities Receipt Journal Report Receipt Register Applied Receipts Register Unapplied Receipts Register
24 Assets Pre-posting activities Post all asset additions Enter maintenance transactions Run depreciation Run create journals Posting activities Post entries in GL
25 Assets Verification activities Cost Summary Reserve Summary Journal Entry Reserve Ledger CIP Cost Summary
26 General Ledger Pre-posting Activities Import journal entries from subledgers Enter manual journal entries Reverse prior month accruals Generate recurring journals Generate mass allocations Check for unposted journals
27 General Ledger Posting Activities Verification Activities Journal Reports Account Analysis Reports Trial Balance Reports Financial Statements Account Reconciliations
28 Planning Month-end Close
29 Calendar April 2007 Sunday Monday Tuesday Wednesday Thursday Friday Saturday Open April 2007 in all subledgers and GL. Begin Bank Reconciliations End of pay period Cost pay period and run LD 14 Close AP and PO for March Close Grants for March Close AR for March Close FA for March End of pay period Close GL for March Cost pay period and run LD 29 30
30 Questions
31 Month-end Close in a Non-profit Organization Cindy Cline Cline Consulting and Training Solutions, LLC cindy@ccatsolutions.com
Reference Document Month-End Closing
Overview Each individual company according to their own business practices establishes month end closing procedures. Typically, a company will create a monthly accounting calendar, which sets the dates
More informationSubledger Accounting Reconciliation in R12
Subledger Accounting Reconciliation in R12 Karen Kerames Accenture 2013 eprentise. All rights reserved. Webinar Mechanics Open and close your panel. View, select, and test your audio. Submit text questions.
More informationMonthly Closing & Reconciliations. Presented by Bronwyn Duprey
Monthly Closing & Reconciliations Presented by Bronwyn Duprey Introduction Data Flow File Types Reconciling within an application Reconciling applications to General Ledger STO Reconciliation Tools Other
More informationGeneral Ledger Auditing. Presented By: Jim Lee
General Ledger Auditing Presented By: Jim Lee Table of Contents Overview... 3 Month-End Accounting Binder... 3 Month-End Accounting Checklist... 4 Trial Balance... 5 Journal Entries... 6 Account Reconciliations...
More informationOracle ERP Cloud Period Close Procedures O R A C L E W H I T E P A P E R J U N E 2 0 1 5
Oracle ERP Cloud Period Close Procedures O R A C L E W H I T E P A P E R J U N E 2 0 1 5 Table of Contents Introduction 7 Chapter 1 Period Close Dependencies 8 Chapter 2 Subledger Accounting Overview 9
More informationFounded in 1993 OSI has grown to become a leading technology consulting and services firm with over 450 professionals both from US and India
R12 Period CloseProcess Chitti, OSIConsulting, Chairperson, India OAUG About OSI Founded in 1993 OSI has grown to become a leading technology consulting and services firm with over 450 professionals both
More informationCustomer Billing using Oracle Projects with Oracle Receivables
Customer Billing using Oracle Projects with Oracle Receivables G. R. Kinra, C.P.A. Electronic Data Systems Corporation Synopsis This paper addresses Customer Billing for contract projects, using Oracle
More informationinoerp Accounts Payable Process Flows inoerp
Flows inoerp 10/29/2015 1 Serial # Flow Description 1 Overall Procure To Pay 2 Procure To Pay for Item 3 Procure To Pay for Non Item 4, Credit Memo & Debit Memo for (with Purchase Order) 5, Credit Memo
More informationCollaborative SIG: SLA Accounting in R12: Procure to Pay Process
Collaborative SIG: SLA Accounting in R12: Procure to Pay Process Mohan Iyer Principal Consultant FSCP Solutions Inc mohan@fscpsolutions.com September 22 nd, 2011 Agenda About the Presenter Procure to Pay
More informationApplication Programming Interface (API)
Integration to Salesforce CRM Create a Recurring Billing Contract from an Opportunity in one click. Create a Sales Order from an Opportunity in one click. Create a Project from a list of pre- defined templates
More informationOAUG Webinar Series Seminar #4
OAUG Webinar Series Seminar #4 Oracle R12 AP Invoice to Payment Process Paul Kirch Principal, Process & Domain, Infosys OAUG Accounts Payable SIG Chairman September 8, 2011 Agenda Introduction Procure
More informationFiscal Year 2015 Financial Closing Instructions
Fiscal Year 2015 Financial Closing Instructions Overview The FY 2015 year-end closing schedule and deadlines are largely consistent with the prior year. Please call the Comptroller s Department with any
More informationWe recommend that you create seven binders: one each for each SAGE PRO module you own:
We recommend that you create seven binders: one each for each SAGE PRO module you own: General Ledger Inventory Control Accounts Receivable Accounts Payable Order Entry Purchase Orders Payroll If you have
More informationTheFinancialEdge. Subsidiary Ledger Reconciliation Guide
TheFinancialEdge Subsidiary Ledger Reconciliation Guide 101811 2011 Blackbaud, Inc. This publication, or any part thereof, may not be reproduced or transmitted in any form or by any means, electronic,
More informationEpicor ERP Epicor ERP Accounts Payable Transaction Hierarchy
Epicor ERP Epicor ERP Accounts Payable Transaction Hierarchy 10 Disclaimer This document is for informational purposes only and is subject to change without notice. This document and its contents, including
More informationSTUDIO DESIGNER. Accounting 4 Participant
Accounting 4 Participant Thank you for enrolling in Accounting 4 for Studio Designer and Studio Showroom. Please feel free to ask questions as they arise. If we start running short on time, we may hold
More informationUnrecorded Payables/Receivables
Unrecorded Payables/Receivables Unrecorded Payables For BCR reporting Budget Fund substantially GAAP modified accrual with the following exceptions: Expenditures and Payables: Liabilities and expenditures
More informationGuide for End-of-Year AP Best Practices
HOW-TO Guide for End-of-Year AP Best Practices 2015-2016 Contents Year-End Checklist for Accounts Payable Sample Year-End Calendar Master Vendor File Clean-Up and Maintenance 1099 Misc. Reporting and Corrections
More informationX. Accounting Processes
X. Accounting Processes A. Overview: Financial information flows into the general ledger from a variety of sources. Accounting staff are responsible for reviewing all data before posting it to the ledger
More informationAccounts Payable Reports
Sage Timberline Office 9.4.1 and 9.5.0 Reports Update Address Book Reports AB Company Details.rpt AB Company List.rpt AB Company List by Trade.rpt AB Email List.rpt AB Fax List.rpt AB Person Details.rpt
More informationMATCHDAY 1 7-9 September 2014
MATCHDAY 1 7-9 September 2014 7 September Sunday 18:00 Group D 7 September Sunday 20:45 Group D 7 September Sunday 20:45 Group D 7 September Sunday 18:00 Group F 7 September Sunday 20:45 Group F 7 September
More informationAmicus Small Firm Accounting: Migrating from Another Accounting System
Amicus Small Firm Accounting: Migrating from Another Accounting System Contents A. Selecting the conversion date... 1 B. Setting up your Firm Settings, accounting method, and users... 1 C. Preparing your
More informationOracle Apps Online Course - Smart Mind Online Training, Hyderabad. Oracle Apps Functional Online Training Course Content
Oracle Apps Functional Online Training Course Content Faculty: Real time and certified (Includes theoretical as well as practical sessions) R12 Summary Course Content Payables (AP) Receivables (AR) General
More informationOracle Receivables Fundamentals and How it Fits Into the Quote to Cash Process
Oracle Receivables Fundamentals and How it Fits Into the Quote to Cash Process Cathy Cakebread Consultant Cathy Cakebread cathyc@cathycakebread.com www.cathycakebread.com Session ID#8755 Copyright 2011
More informationDynamics GP 50 Tips in 50 Minutes
Tip #1 Speed Up GL Distribution Entry Account Alias Financials Assign an Alias to Accounts. In any GL Distribution Entry window, click the arrow next to the Account Lookup button or type Ctrl+Q. 1 Enter
More information11.5.10 Projects Features Highlights
11.5.10 Projects Features Highlights Introduction - Working closely with Oracle Corporation, O2Works thoroughly evaluates all new releases in order to provide our customers with interesting new perspectives
More informationACCRUAL ACCOUNTING WORKFLOW
ACCRUAL ACCOUNTING WORKFLOW TABLE OF CONTENTS COMPANY ACCOUNT NUMBERS... 2 POLICY ENTRY... 2 Agency Bill... 2 Direct Bill... 3 Transaction Detail... 3 CLIENT PAYMENTS... 4 Agency Billed Payment... 4 Direct
More informationBUSINESS PRACTICE BULLETIN The School Board of Broward County, Florida
BUSINESS PRACTICE BULLETIN The School Board of Broward County, Florida SUBJECT: MONTH-END CLOSING PROCESS IN SAP BULLETIN NO.: A-481 PAGE: 1 OF 1 DATE:: March 25, 2007 GENERAL: This bulletin pertains to
More informationWhat are the elements of an accounting system?
What are the elements of an accounting system? An accounting system is comprised of accounting records (checkbooks, journals, ledgers, etc.) and a series of processes and procedures assigned to staff,
More informationBilling Matters Accounting Sunset
WHITE PAPER Billing Matters Accounting Sunset May 2013 Introduction... 2 Key Differences in Process... 2 How to Transition... 3 QuickBooks Setup... 4 What Do I Need... 4 QuickBooks Installation and Creation
More informationChapter 3. Adjusting the accounts. Appendix 3A: An alternative method of recording deferrals
1 Chapter 3 Adjusting the accounts Appendix 3A: An alternative method of recording deferrals 2 Learning objectives 1. Prepare adjusting entries for prepaid expenses originally recorded in an expense account
More informationProposal for Accounting Services (Sample)
Proposal for Accounting Services (Sample) Benefits of LTP Accounting Current operation resources can focus on core responsibilities. Improved accounting controls and reporting Use of the leading on-demand
More informationOracle Apps Functional Online Training
Oracle Apps Functional Online Training IQ Online training facility offers Oracle Apps Functional Online Training by trainers who have expert knowledge in the Oracle Apps Functional and proven record of
More informationGo with the Flow: Asset Management (PO to Assets)
Go with the Flow: Asset Management (PO to Assets) Brian Bouchard CEO Chi- Star Technology brian_bouchard@chistartech.com http://www.chistartech.com Session: 5 Agenda Introduction About the Presenter About
More informationAgencyPro. Cash Accounting Workflow
AgencyPro Cash Accounting Workflow This document is a supplemental accounting guide to reiterate the general processes outlined during the first accounting training. Some of the outlined processes differ
More informationAcademic Calendar for Faculty
Summer 2013 Term June 3, 2013 (Monday) June 3-4, 2013 (Monday Tuesday) June 5, 2013 (Wednesday) June 5-6, 2013 (Wednesday Thursday) June 6, 2013 (Thursday) July 3, 2013 (Wednesday) July 4, 2013 (Thursday)
More informationM O N T H E N D / Q U A R T E R L Y / Y E A R E N D C H E C K L I S T S & P R O C E D U R E S ACCOUNTS RECEIVABLE ACCOUNTS PAYABLE
M O N T H E N D / Q U A R T E R L Y / Y E A R E N D C H E C K L I S T S & P R O C E D U R E S ACCOUNTS RECEIVABLE ACCOUNTS PAYABLE PAYROLL GENERAL LEDGER PROCOM SOLUTIONS, INC. OAKLAND CENTER 8980-A ROUTE
More informationAccounting I & Accounting II
Accounting I & Accounting II 2011 User Conference Convergence: Better Together Configuring the Tigerpaw Accounting Interface The Configure Accounting dialog box is one of the main areas setup in Tigerpaw
More informationChecklist - Monthly Close Process
Checklist - Monthly Close Process Introductuion: This document should be used as a general guide to creating a monthly financial close process checklist, however, it does not address all activities that
More informationTheFinancialEdge. Sample Reports Guide
TheFinancialEdge Sample Reports Guide 091708 2008 Blackbaud, Inc. This publication, or any part thereof, may not be reproduced or transmitted in any form or by any means, electronic, or mechanical, including
More informationChapter 4. Completing the accounting cycle. Appendix 4A: Reversing entries
1 Chapter 4 Completing the accounting cycle Appendix 4A: Reversing entries 2 Learning objective 1. Prepare reversing entries and describe their purpose 3 Reversing entries Reversing entries are optional
More informationEMAS EXECUTIVE MANAGEMENT ACCOUNTING SYSTEM Financial and Distribution application solutions PRODUCT OVERVIEW
EXECUTIVE MANAGEMENT ACCOUNTING SYSTEM Financial and Distribution application solutions INDEX GENERAL INFORMATION Common Features Page 3 Technical Information Page 3 Product Objectives.. Page 3 MODULE
More informationFeature List. Freight.Ware for Brokers. Included Features: 1 P a g e. 5501 NE 109 th Court Suite H Vancouver, Wa 98662 * (360) 896-6699 *
Freight.Ware for Brokers Included Features: Explorer Style menu system Menu-Level Security SQL Server 2005 / 2008 based Full-charge integrated Accounting Management Information Center Optional Mileage
More informationCareerSource Florida Accounting and Related Services--Proposed Contracting Action January 7, 2015 January 13, 2015, 5:00 pm EST
CareerSource Florida Accounting and Related Services--Proposed Contracting Action January 7, 2015 January 13, 2015, 5:00 pm EST Notice Type: Special Notice for Website Posting Synopsis: The purpose of
More informationAdvanced QuickBooks Troubleshooting Techniques For Accounting Professionals Webinar Workshop
Advanced QuickBooks Troubleshooting Techniques For Accounting Professionals Webinar Workshop Course Fee: $125.00 5 hour hands-on, webinar instruction. Class size limited to 20 participants. Course Description:
More informationStep 3. Clear Withdrawals, Data Entry Errors, and Bank Errors
Reconciling Bank Statements If this is the first time you have reconciled a bank statement for this company, you must prepare your bank accounts. See Chapter 4, Setting Up Bank Services, for the procedure.
More informationRelease Notes Build 391
Release Notes Build 391 Contents System Administrator Task List 1 New Features 3 Appendix A Credit Card Processing Implementation 8 System Administrator Task List Pre-Installation Recommendations Support
More informationAP and AR Corrections Handout
AP and AR Corrections Handout 11.0 Reversal and Correction Entries 11.1 Overview The standard method to reverse and correct posted entries is to use Reverse Posted Document. This ensures that the audit
More informationAccounting Policies and Procedures Manual
Accounting Policies and Procedures Manual September, 2013, As Modified In 2014 Page 1 of 70 Table of Contents I. BUDGETS 4 Page II. GENERAL LEDGER A) Chart of Accounts 5 B) Recording Transactions in the
More informationCOUNTY OF HENRICO ACCOUNTS RECEIVABLE POLICY
COUNTY OF HENRICO ACCOUNTS RECEIVABLE POLICY Issued by the Department of Finance Effective August 1, 2007 Table of Contents OVERVIEW AND DEFINITIONS... 3 RESPONSIBILITIES... 5 PROCESSES AND PROCEDURES...
More informationYear-end Prep Webinar December 11, 2014
Webinar December 11, 2014 Denise Austin Professional Services Consultant Tom Lane Vice President of Sales and Marketing Agenda Is a 13 th Period Right for You Month End vs Year End Period End / Year End
More informationfor Sage 100 ERP Bank Reconciliation Overview Document
for Sage 100 ERP Bank Reconciliation Document 2012 Sage Software, Inc. All rights reserved. Sage Software, Sage Software logos, and the Sage Software product and service names mentioned herein are registered
More informationLearn Accounting Understand Business: Course Review Answers
Learn Accounting Understand Business: Course Review Answers 1. What type of accounting measures the activity of the company by looking at economic events regardless of when cash transactions occur? A.
More informationBM3001 Accounts Payable Information Screen
BM3001 Accounts Payable Information Screen Required table. Use the Accounts Payable Information Screen (BM3001) to update the following accounts payable information: Beginning invoice numbers Beginning
More informationAmicus Small Firm Accounting: Frequently Asked Questions
Amicus Small Firm Accounting: Frequently Asked Questions Questions Administration... 3 1 How do I add another user account? 3 2 How are passwords set up and how are they used? 3 3 What does "Reset User
More informationChanging from Cash to Accrual Accounting
Changing from Cash to Accrual Accounting Contents About Changing the Accounting Method Creating a Client Disb Recov (1210) Account Contacting LexisNexis PCLaw Technical Support Adjusting Disbursements
More informationA/R Journal Entries GAAP. Add Invoice Line. Cancel Line from Invoice Maintenance. Cancel Balance via Write-Off Invoice Balances Routine
CHAPTER 6 A/R Journal Entries This chapter will review the automated journal entries made by the module. The entries are separated into a GAAP and Non-GAAP section. GAAP Add Invoice Line An accrual entry
More information204 Reports Included with Version 7.0!
204 Reports Included with Version 7.0! Accounts Payable Aged A/P summary by name Aged A/P summary by number Detailed A/P activity by name Detailed A/P activity by number Detailed aged A/P by name Detailed
More informationTrading Calendar - East Capital UCITS Funds
Trading Calendar - UCITS s The table shows i) the days the funds will be closed due to holidays and ii) which days the funds have early cut-off times (11.30am Central European Time). Please note that the
More informationExecutive - Salary Guide
Salary Guide Executive - Salary Guide Chief Financial Officer $138,000 to $250,000+ Highest ranking financially-oriented position within a company. Responsibilities include overall financial control and
More information0BM Office of Budget and Management 30 East Broad Street. 34. Office of Budget and Management MEMORANDUM. John R. Kasich Timothy S.
April 22, 2015 MEMORANDUM Governor Director www.obm.ohio.gov 1(6 14) 466-4034 Fax: (614) 466-5400 0BM Office of Budget and Management 30 East Broad Street. 34 th Floor Columbus. Ohio 43215-3457 the agency
More informationYear End Closing Procedures for Sage 100 ERP. Martin & Associates
Year End Closing Procedures for Sage 100 ERP 2014 Martin & Associates Period End/Year End FAQs Page 1 of 2 Period End/Year End FAQs Home FAQs & Troubleshooting Show/Hide All Click a question below to
More informationKuali Financial System (KFS) Credit Card Clearing (Object Code 6684)
Kuali Financial System (KFS) Credit Card Clearing (Object Code 6684) Each area that charges internal/external customers via use of a merchant account is required to review/reconcile their credit card clearing
More informationES ACCOUNTING QUICK START GUIDE
QUICK START GUIDE Version 5.0.7 Malaysia GST Ready Page 1 CONTENTS Chapter 1 PAGE Overview 1.1 Introduction 1.2 File Module 1.3 General Ledger Module 1.4 Customer Module 1.5 Supplier Module 1.6 Malaysia
More informationMultiperiod Accounting: A User s Guide
Multiperiod Accounting: A User s Guide Session ID #11349 Jeannine Suwalski Biztech About Jeannine Suwalski Functional business consultant 4 years experience using Oracle applications Developed Training
More informationThe Pr o f e s s i o n a l La n d l o r d Ho w To
The Pr o f e s s i o n a l La n d l o r d Ho w To Providing Property Management Solutions for Over 25 Years Setting up a Loan What follows is one possible way to record a loan and payments of that loan.
More informationCaused By 1. Time. 2. Errors. lags $ XXX. but not by bank (e.g., deposits. Add: Deposits recorded by business. Cash balance per bank statement
ILLUSTRATION 8-5 BANK RECONCILIATION FORMAT Balances Should Agree Bank Reconciliation (Date) balance per bank statement Add: Deposits recorded by business but not by bank (e.g., deposits in transit) Less:Charges
More informationFiscal Year 2015 Year End Closing Action Plan
Fiscal Year 2015 Year End Closing Action Plan TO: FROM: Financial Information System (FIS) Users Accounting Services SUBJECT: Year End Closing FY 15 The purpose of this action plan is to give FIS users
More informationEpicor ERP Epicor ERP Accounts Receivable Transaction Hierarchy
Epicor ERP Epicor ERP Accounts Receivable Transaction Hierarchy 10 Disclaimer This document is for informational purposes only and is subject to change without notice. This document and its contents, including
More informationManaging your Finances Agenda
WELCOME TO Managing your Finances Agenda Topic 1: 1: Bookkeeping Basics Topic 2: 2: Accounting Packages Topic 3: 3: Package Demos Bookkeeping Realities Extremely Important for: - Decision Making - Smooth
More informationSage 100 Year-End Closing Procedures
SWK technologies, inc. Tech Tips SWK Technologies, Inc. Sage 100 Year-End Closing Procedures SWK TECHNOLOGIES, INC. 5 Regent Street Suite 520 Livingston NJ 07039 backup before period end Make sure that
More informationCash Basis Reporting
Cash Basis Reporting For Microsoft Dynamics Microsoft Dynamics GP Microsoft Small Business Financials Installation, Setup and User Manual Version 10.0 Cash Basis Reporting 10.0 1 2007 AIM Technologies
More informationYear End Closing 2013 Procedures for Sage 100 ERP. Martin & Associates
Year End Closing 2013 Procedures for Sage 100 ERP Martin & Associates MENU MAS 90 MAS 200 Order of Closing Order Own Closed Module 1 System Wide Backup 2 B/M Bill of materials 3 W/o Work order processing
More informationSAP Best Practices for Insurance Baseline Business Processes
SAP Best Practices for Insurance Baseline Business Processes SAP Best Practices for Insurance Baseline Accounting Enablement for Insurance Operations This 30-day trial offers you a complete, live, hands-on
More informationOracle Accounts Receivable Reports. Table of Contents
Table of Contents Introduction 2 Oracle AR Reports Navigation Run Reports 3 Adjustments Journal Report 5 Applied Receipts Register 6 Billing History 7 Billing and Receipt History 8 Incomplete Invoices
More informationLegal Accounting in GhostPractice
Software Overview Legal Accounting in GhostPractice GhostPracticeoffers several user-friendly modules ideally configured for bookkeeping and financial Management in a Legal Practice These modules are:
More informationChapter 9 General Ledger
Chapter 9 General Ledger ibais User Manual BA Insurance Systems Chapter 9 Table of Contents CHAPTER 9 - GENERAL LEDGER... 9-1 OVERVIEW... 9-1 HOW TO ACCESS ACCOUNTING FUNCTIONS... 9-3 MAIN CATEGORIES...
More informationJournal Entry. Reference Manual 8-26-15. Leadership and Talent Development www.umn.edu/ohr/training
Journal Entry Reference Manual 8-26-15 Leadership and Talent Development www.umn.edu/ohr/training JOURNAL ENTRY Reference Manual First printing 3-19-08 Revised 4-11-08, 6-11-08, 6-25-08, 8-15-08, 11-5-08,
More informationRIT Internal Use Only. Controller s Division Accounting Office Eastman Hall, 6 th floor
R I T Rochester Institute of Technology Controller s Division Accounting Office Eastman Hall, 6 th floor To: University Managers From: Andrea Napoli, Manager of Accounting Operations Date: June 5, 2015
More informationSage MAS 500 Year-End Processing. Michael Schmitt, BKD December 2011
Sage MAS 500 Year-End Processing Michael Schmitt, BKD December 2011 Welcome / Introductions Michael Schmitt Senior Consultant mschmitt@bkd.com Agenda Welcome / Introductions Order of closing Helpful hints
More informationFeature List. Freight.Ware for Truckload Carriers. Included Features: 1 P a g e
Freight.Ware for Truckload Carriers Included Features: Explorer Style menu system Menu-Level Security SQL Server based Full-charge integrated Accounting Management Information Center with Bulletins, Reminders
More informationChapter- 3. Voucher Entries
Chapter- 3 Voucher Entries In manual accounting, we record transactions through Journal Entries. In Computerized Accounting Systems (e.g. Tally), we do it through voucher entry. Normally, a transaction
More informationSage MAS 500 Version 7.4 Sneak Peak
Sage MAS 500 Version 7.4 Sneak Peak What s New in 7.4 and Why it s Important Productivity Enhancements Landed Cost Improvements Unit of Measure Improvements Manufacturing & Distribution Platform & Performance
More informationAccounts Payable User Manual
Accounts Payable User Manual Confidential Information This document contains proprietary and valuable, confidential trade secret information of APPX Software, Inc., Richmond, Virginia Notice of Authorship
More informationASRSP and Costing by populating the PROJ_RESOURCE table and that. Accounting the totals match per ChartField combination.
1099 Withholding to Send Detail Report Create a report listing data that is sent to the Internal Revenue Service. ACCT SVCS Vendors, 1099/Global Withholding, 1099 Reports, 1099 to Send Detail, 1099 to
More informationChapter Thirteen: General Ledger
Chapter Thirteen: General Ledger A. Journal Entries Page 1 Month End File In preparation for the month end process, a month end file is maintained throughout the month. This file contains all the supporting
More informationACS-1803 Introduction to Information Systems. Functional Area Systems. Lecture 4
ACS-1803 Introduction to Information Systems Instructor: David Tenjo Functional Area Systems Lecture 4 1 Overview Overview of Functional Areas in the organization Functional Area: Accounting Accounting
More informationBank Reconciliation. MaddenCo Inc. Revised October, 2015. Copyright 2015 by MaddenCo, Inc All rights reserved.
Bank Reconciliation MaddenCo Inc. Revised October, 2015 Copyright 2015 by MaddenCo, Inc All rights reserved. 1 Please understand that MaddenCo has expended substantial sums in developing and maintaining
More informationPSFIN v9.2 Expenses Administrator Participant Guide
PSFIN v9.2 Expenses Administrator Participant Guide Version 1.0 March 2015 This page left blank to facilitate front/back printing. Table of Contents Table of Contents Table of Contents... 3 Introduction...
More informationRepairing Your Accounting System
Repairing Your Accounting System Who is this paper for? This paper is for companies that have been using DBA Next-Generation for some time, but have struggled up to now with getting the accounting system
More informationArmanino LLP Welcomes You To Today s Webinar: GP Tips and Tricks: Using Credit Cards in GP
Armanino LLP Welcomes You To Today s Webinar: GP Tips and Tricks: Using Credit Cards in GP The presentation will begin in a few moments Participants will receive an email within 48 hours with a link to
More informationAbila MIP Fund Accounting
Abila MIP Fund Accounting Module Overview Award-winning Abila MIP Fund Accounting (formerly Sage 100 Fund Accounting) is the financial management solution preferred by nonprofit and government organizations
More informationThank You for Joining Us, The Webinar Will Begin Shortly. While you are waiting please check out the Upcoming Webinars on www.giveme5.com.
Thank You for Joining Us, The Webinar Will Begin Shortly. While you are waiting please check out the Upcoming Webinars on www.giveme5.com. Before we begin just a few notes: During the presentation lines
More informationJOURNAL ENTRIES IN CBS ACCOUNTS RECEIVABLE
JOURNAL ENTRIES IN CBS ACCOUNTS RECEIVABLE Default GL account numbers... 1 Accrual basis clients... 2 Tax Adjustment (STA)... 3 Cash basis clients... 4 Journalizing all activity through the account...
More informationAccounting and Administrative Manual Section 100: Accounting and Finance
No.: G-03 Page: 1 of 6 General: The application of good financial management requires the prompt reconciliation of accounts. Since departmental revenue and expenditure accounts are scrutinized monthly
More informationUnderstand Your Finances with the Right Software
Understand Your Finances with the Right Software As a not for profit organization grows, its accounting processes often progress along a traditional path. Handwritten records in a file folder evolve into
More informationCopyright 2011 Business Management Systems. Web Based ERP/CRM Software
Web Based ERP/CRM Software INTRODUCTION... 7 Features... 8 Services... 9 INSTALLATION... 10 CUSTOMER FILE... 11 Add Customer... 11 Modify Customer... 13 Add Ship To... 14 Modify Ship To... 15 Reports...
More informationOracle Fusion Project Portfolio Management for PeopleSoft Customers
PINPOINT SOLUTIONS FOR PROJECT DRIVEN ENTERPRISES Oracle Fusion Project Portfolio Management for PeopleSoft Customers Mike Curtin, Oracle Fusion Applications Practice Manager Oct 4, Oracle OpenWorld 12
More informationSection 3 ACCRUED EXPENSES (ACCRUED LIABILITIES)
Section 3 ACCRUED EXPENSES (ACCRUED LIABILITIES) Introduction Accrued expenses are expenses that have been incurred, but not yet paid for. To put it another way, an accrued expense is paid after being
More information