Outline the Process of transferring the cashbook transactions to the GL and then change the current period.
Cashbook is a system that is really never closed but it can appear that way depending upon what the Current Period is set to. At the appropriate time you will need to transfer the cashbook transactions to the GL and then change the current period.
Select the correct period and Save.
Transaction Analysis by My Codes is used to check for any incorrect Cash Dates compared to charge dates.
Make sure the totals match in these reports, if they don’t then run the Cash Dates report in Detail.
Should you find any discrepancies you can locate these in the cashbook and change their dates provided the transaction hasn’t been reconciled or from another module.
Post the Current Months Cash Book Transactions to GL
Make sure you print the batch report and post to GL. The Tick in the Print Batch is a configuration setting as a default.
NOTE: the Month to select will always default to the first month that transactions exist for. It that is not this month then some investigation might be warranted into if they are correct
Finalise the Batch in GL
Locate the batch to finalise and click edit.
NOTE: You can only finalise a balanced batch e.g. total = $0.00