Equipment Control Month-End Processing

Month-end date:________________________

Transaction cut-off date:_______________________

Responsible person:_____________________

Date reconciled:_____________________________

Confirm the Processing Date is set for the month you are closing.

Confirm the Processing Date is set for the closing month.

Update

Confirm the following daily processes are completed:

  • Complete Closing Procedures for Accounts Payable, Accounts Receivable and Payroll.

  • Equipment Control Transaction Entry – Confirm all Equipment Control Transactions have been updated.

    • Click ‘Update’. Click ‘Edit List Only’ and preview. Make sure this is blank, meaning all items have been updated for the month.

    • Click ‘G/L Update’ and preview. Make sure this is blank, meaning all items have been updated for the month.

Print and Retain Reports

  • Equipment Control G/L Distribution Report make sure to enter the appropriate dates for the month.

Change Processing Dates

  • Change the processing dates to reflect the new period using Change Processing Dates.