How To Complete Year End Processing

⚠️ Alert!

Prior to completing the year end journal entry, verify that all prior book periods are finalized and closed.

1. Click on Year End Processing

   In the main navigation menu, select the Accounting module and click on "Year End Processing".

   

2. Click on "+ Create New"

   Click on "+ Create New" to begin year end processing.

   

3. Enter Year End Details

   Select the ending book period and equity account affected, such as retained earnings.

   

4. Year End Report

   Click on the upper right spreadsheet icon to pull the year end entry report.

   

5. Click on Post Year End Entries

   

6. Click on Year End Journal

   View the entry by clicking on "Year End Journal".

   

7. Select Journal Entry

   Select the journal entry.

   

8. View Entry