Home » Listing Details
Top Websites
- Mark Polino's DynamicAccounting.net
Over 3700 resources listed. - Developing for Dynamics GP - By David Musgrave and the MS GP Dev Support Team
Over 700 resources listed. - Mariano Gomez at The Dynamics GP Blogster
Over 600 resources listed. - Mohammad Daoud's Dynamics GP Blog
Over 400 resources listed. - Microsoft Dynamics Partner Community Blog
Over 400 resources listed. - Vaidy Mohan at Dynamics GP - Learn & Discuss
Over 400 resources listed. - Dynamics GP Help
Over 400 resources listed. - Christina Phillips, Steve Endow & Lorren Zemke at Dynamics GP Land
Over 300 resources listed. - Frank Hamelly at GP2theMax
Over 200 resources listed. - About Dynamics, Development and Life
Over 200 resources listed. - eOne Business Solutions Blog
Over 200 resources listed. - Inside Microsoft Dynamics GP Official Blog
Over 200 resources listed. - VS Tools Forum
Over 100 resources listed.Your Resource for Visual Studio Tools for Dynamics GP - Inside Microsoft Dynamics GP Official Blog
Over 100 resources listed. - Janakiram M.P. at DynamicsBlogger
Over 100 resources listed. - Victoria Yudin's Dynamics GP Website
Over 100 resources listed.Victoria Yudin - Catherine Eibner MBS Developer Evangelist
Over 100 resources listed. - Sivakumar Venkataraman at Interesting Findings & Knowledge Sharing
Over 100 resources listed. - Dynamics CPM
Over 100 resources listed. - Dynamics Small Business
Over 100 resources listed. - Belinda, The GP CSI
Over 100 resources listed. - Rose Business Solutions Blog New
Over 100 resources listed. - Microsoft Dynamics GP UK Blog
Over 100 resources listed. - Leslie Vail at Dynamics Confessor Blogspot
99 resources listed. - Michael Johnson at MBS Guru
96 resources listed.
Useful Dynamics GP Links
| ID: | 9723 |
| Title: | gptip42day - Year End Close - Sales |
| URL: | http://gp2themax.blogspot.com/2009/10/gptip42day-year-end-close-sales.html |
| Description: | Closing the Fiscal Year in Sales updates Year-to-Date, Last Year, and Life-to-Date information in the Customer Payment Summary window and Customer Yearly Summary Inquiry window. Closing the Calendar Year does not affect amounts in those windows but does update information in the Customer Finance Charge Summary window. In preparation to close the Fiscal Year - 1. Post all transactions for the current Fiscal Year. If you need to enter transactions for a future period before closing the year, save the transactions in a batch but don't post it until after closing the Fiscal Year. 2. Backup the company database. 3. Perform a Receivables Aging (Tools>Routines>Sales>Aging) and print an Historical Aged Trial Balance as of the last day of the Fiscal Year. Keep this report for your records. 4. Close the Fiscal Year. If your Fiscal and Calendar Years coincide, choose the 'All' radio button in the Year-End Close window. If not, choose the 'Fiscal' radio button. Click 'Process'. Tools>Routines>Sales>Year-End Close  * click image to enlarge 5. Close the Fiscal Periods for the Sales series (optional). Tools>Setup>Company>Fiscal Periods. 6. Close the sales tax periods for the year (optional). When you close the Tax Year, accumulated totals in the Tax Detail Maintenance window are cleared and transferred to last year's tax totals. (Note - you should close the Tax Year only after both Sales & Purchasing series are closed.) Tools>Setup>Company>Tax Details  * click image to enlarge Year-to-date tax totals can then be added for the new Tax Year. Tax amounts entered after closing the Tax Year are added to the new year's totals. Tools>Routines>Company>Tax Year-End Close  * click image to enlarge Refer to GP Help for further information on the effects of closing the Tax Year. 7. If your Fiscal and Calendar Years do not coincide, close the Calendar Year at calendar year-end. Post your Calendar Year transactions, backup your company database, then choose the 'Calendar' radio button and click 'Process'. Tools>Routines>Sales>Year-End Close  * click image to enlarge 8. Make a final backup of your company database. Tomorrow we'll look at closing the Purchasing series, a process which is very similar to the Sales series close.  |
| Category: | GP USER INFO: Year-End |
| Link Owner: | |
| Date Added: | June 17, 2010 05:09:08 AM |
| Number Hits: | 0 |
Latest links
- To reconcile employee records in payroll (User Snippet) - Accidental Administrator
- How to change SQL Collation for SQL Server 2008 R2
- Error message -Could not find a part of the path when publishing Excel Report Builder report in GP
- Warning “Sales Order Processing and Invoicing are both installed” in Microsoft Dynamics GP
- SOP Quote Warning -Line item quantities are not fully distributed. Do you want to continue ?
- Creating Consolidated Financial Statements using Management Reporter – Consolidating with multiple Dynamics AX 2009 instances (AOS) and/or if currency translation and eliminations are required (Part 4 of 7)
- Learning the Building Blocks of Life through Lego
- Creating Consolidated Financial Statements using Management Reporter – Consolidating with multiple Dynamics AX 2009 instances (AOS) and/or if currency translation and eliminations are required (Part 4 of 7)
- Down Under
- Error message -Could not find a part of the path when publishing Excel Report Builder report in GP
GPWindow.com
Developed and presented by
Smith & Allen Consulting, Inc.,
GP specialists since 1991.