A/R Period/Year End Procedure

Use this utility to close a period or a year. You can use it to clear only the customer period-to-date information, or both the period-to-date and year-to-date information. In addition, you can optionally clear the salesperson year-to-date or period-to-date information. This utility also updates the customer records to reflect the change of year.

When you activate this utility, the system sets these values:

  • Sales Last Yr field to the Sales YTD field, which is set to zero.
  • Disc/Allow Last Yr field to the Disc/Allow YTD field, which is set to zero.
  • Sales PTD field to zero. If you select the Zero PTD Only check box, the system sets only the Sales PTD field to zero for the selected customers.