Purpose
Month-end processing ensures complete, reconciled accounts ready for reporting and audit.
Tasks
Close All Deals
Close all deals and accrue costs where required.
Run a Scheduled Nominal report on Sales Suspense.
Reconcile Cashbook
Match the cashbook to bank and nominal accounts.
Review Vehicle Debtors
Clear outstanding items and reconcile to the nominal account.
Reconcile VAT Return
Ensure VAT return agrees with the nominal account.
Check deposits against nominal and debtor reports in Vehicle Admin.
Review WIP
Invoice and release any items that are ready.
Post Month-End Journals
Include wages, accruals, and prepayments.
Post Vehicle Write-Backs
Run Purchase Ledger Payment Run
Reconcile Petty Cash
Send Statements
Run Month-End Reports
Run all required reports; these cannot be backdated.
Prepare Management Accounts
Download Composite Export
Export from Navigator and upload to the composite platform.
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article