30 apr

Period-end closing (SAP Business One

Month-end or quarter-end procedures, or both, to review financial transactions and make corrections and adjustments.
The period-end closing includes the following tasks:

  • Ensure that all transactions for the period have been properly accounted for, including adjustments and accruals
  • Pressure of the cumulative balance
  • Print due date reports for supplier payables and customer receivables to reconcile the receivables accounts with
    the general ledger
  • Print the inventory audit report to reconcile the inventory with the general ledger accounting.
  • Printing financial statements
  • Create a backup copy of your database and store it in an external location.
  • Closing or deactivating the business period by locking it via the Posting Period window



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