Closeouts are snapshots of GL account values for a certain period. These values, when balanced, can be entered into an accounting program through a .txt file import or manually.
Creating a New Closeout
Step Action
1. Select {Accounting} and then select the Closeout tab.
2. Select {New} under Closeout. A New Closeout page will open.
3. Complete the fields.
Field | Description |
End Date | To modify Date, click the date field to pull-up the calendar drop-down. |
Notes | Enter any additional Notes, if applicable. |
4. Select {Save}. A Closeout edit page will appear with the new closeout date as
the page title.
Note: A Revenue Breakdown and GL Account Breakdown section will appear for
the new closeout once it has been saved.