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You are viewing an old revision of this post, from March 10, 2015 @ 07:25:33 [Autosave]. See below for differences between this version and the current revision.

Year End Posting

Year End Posting is an accounting procedure undertaken at the end of the year to close out business from the previous year. It carries forward balances from the previous year, and posts accounts for the upcoming year. Financial statements can be created from this data. Expenses are excluded from this posting. yrendpo
 This screen is to be used once a year when the financial year ends. Specify only the period in this screen and click on Yes. Doing so will carry forward the balances onto the next year.

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March 10, 2015 @ 07:25:33 [Autosave]Current Revision
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Deleted: <span style="color: #000000;">Year End Posting is an accounting procedure undertaken at the end of the year to close out business from the previous year. It carries forward balances from the previous year, and posts accounts for the upcoming year. Financial statements can be created from this data. Expenses are excluded as transactions. </span> Added: <span style="color: #000000;">Year End Posting is an accounting procedure undertaken at the end of the year to close out business from the previous year. It carries forward balances from the previous year, and posts accounts for the upcoming year. Financial statements can be created from this data. Expenses are excluded from this posting. </span>
Deleted: <a href="http:// help.goodbookserp.com/wp- content/uploads/ 2015/03/yrendpo.png"><img class="alignnone size-full wp-image-3093" src="http://help.goodbookserp.com/ wp-content/uploads/2015/03/ yrendpo.png" alt="yrendpo" width="990" height="425" /></a> Added: <a href="http:// help.goodbookserp.com/wp- content/uploads/ 2015/03/yrendpo1.png"><img class="alignnone size-full wp-image-3099" src="http://help.goodbookserp.com/ wp-content/uploads/2015/03/ yrendpo1.png" alt="yrendpo" width="990" height="425" /></a>
Deleted: <div> This screen is to be used once a year when the financial year ends. Specify only the period in this screen and click on <em>Yes. </em></div> Added: <div> This screen is to be used once a year when the financial year ends. Specify only the period in this screen and click on <em>Yes. </em>Doing so will carry forward the balances onto the next year.</div>
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