Use this procedure to close
the current period and year for Receivables, update
record status, and update customer period statistics.
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Select .
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Select Company or Company Group, but not both.
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Specify this information:
- Print Credit Balances
- Select whether to list customers that have a credit balance
including a credit balance total for the company. The total is used
as a liability amounts for year-end financial reporting.
- Year End
- Select whether to process the report for year end.
- Update
- Select whether to update the current period after
closing.
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In the Report Distribution section, select distribution lists
and export types for these reports:
- Period Close Report
- Skipped Company Report
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Click Submit.