Exact Financials (v3)

Finance Manual C/S - Performing year-end accounting

Performing year-end accounting

• Introduction
• Procedure
• Checking for unposted journal entries
• Reconciling stock to the general ledger
• Checking participations
• Checking reserves and provisions
• Checking period totals
• Comparing financial statements with the previous year's financial statement
• Making preliminary entries
• Drawing up the final balance sheet and the profit and loss statement
• Closing the financial year
• Opening a new financial year
• Delete financial years

Finance Manual C/S > Contents > Performing year-end accounting