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 the following:

  • 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.
Related topics
Accounts Receivable Steps
Closing the Year for Accounts Receivable