Accounting Year End Closing Training Guide

Accounting Year End Closing Training Guide

Training PDF can be downloaded from 'Attachment' section below.
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    • How to do Year End Closing?

      Preparation The main purpose of Year End Closing process is to move the Profit/Loss amount incurred over the Financial Year (stored in Expense, Cost & Income accounts) to the Retained Earnings account. Ensure that all previous Financial Periods have ...
    • Do you have Adjustments after Year End Closing?

      After Year End Closing (YEC) has been done, then you generate the P&L and tick 'include Current Year End closing' the value should be zero. If you made audit adjustments, then you may have values that were not included in the YEC. For example, FY ...
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