Month and Year End Closing Procedures;

Microsoft Dynamics SL helps you keep accurate records as well as mantain a complete audit trail of business transactions to enbale you obtain timely information whenever you need it. One of the major steps in operating efficiently is to maitain a consistent procedure that's effective in achieving a specific function or a task.

At the end of every month and year, the finance team is required to close the accounts for the current period in preparation for the following months' transactions. As best practice requires, there are procedures that need to be followed during the closing process to ensure that the organization is moving forward with accurate information for reporting the company operations.

Find below links to the documents that provide a checklist of steps you should follow every end-month and year-end when closing the functional modules in those periods;