Year-End Post Closing Entries

Tips:

For information about the sequence of running the Year-End steps, refer to the General Ledger Runbook.
The post report is also known as the Post Journal Entries Report and the Closing Post Report.
Do not confuse this post with the other post routines:
Post Journal Entries: For daily, weekly, monthly postings. Use this when closing a period.
Year-End Post Journal Entries: For posting journal entries created by the Clear and Close Accounts routine during the year-end procedure. The post runs before the Post Adjusting Entries routine.
Post Adjusting Entries: For posting adjusting journal entries created during Year-End Adjusting Entries Maintenance. You can use this to post adjusting transactions to a year that has already been closed.
Retain the post report for an audit trail.
If you see the following message, then you may have already run the post or you are running it out of sequence. If you need additional help, contact NDS Technical Support.
Before running this routine, print the Year-End Journal Listing and confirm that every expense account is cleared and closed.
If necessary, you can re-run the post for a period without duplicating the updates of the previously posted journal entry transactions. However, NDS Technical Support may first need to reset the Year-End flag.

1. Click Year-End from the Menu Bar.

2. Click Post Closing Entries.

Tip: Or, use the keyboard shortcut: [ALT] [y] [l].

Note: You may also be able to access the General Ledger menu while in another INVISION module. To activate the General Ledger menu in another module, the G/L Application Control must be set up for the module during installation.

Year-End Post Closing Entries Window Example:

Year-End Post Journal Entries Prompt Options Tip: To see more information about a field, click the hyperlink for the field name.
Period	Select the period that you want to post from the drop-down list. (predefined) Note: Enter the same Period used for the Clear and Close Accounts routine, which is usually Period 14.
Journal Code	Displays ALL to indicate that all journal codes will be posted.
	To run the routine and begin printing to the Windows® default printer, click Proceed, or press [ENTER]. Keyboard shortcut: [ALT + p]
	To escape from the routine, click Cancel. Keyboard shortcut: [ALT + c] Tip: Or, click Close .
Processing	As the Posting routine progresses, process messages display. Note: Posting messages can be printed and saved if desired. For information on running reports, see Print View.
	When the routine is complete, Finished displays. Click Close to close the window.

To see an example of the report, click Year-End Post Journal Entries Report Sample.