This presentation covers Sage X3 year-end planning including: period-end close process including a checklist for your GL, financial data extraction and reporting, and compliance.
This year-end webinar for Sage X3 processing covers:
Year-End Check List of tasks to perform before closing
Managerial Reports to run at YE & Tie to the GL
Closing Last Fiscal Period and Year
Run Financial Data Extraction or SEI Reports
Other Considerations
1099 Generation and Reporting
Updating Default Parameters
Migration Guide For SAP S/4 HANA 1809 FICORakesh Patil
You will find as well industry innovations like: Retail and Fashion with new business scenarios including new planning strategies enhanced with segmentation functionality. Banking, coming this release with and Loans Management / Deposits Management enhancements.
This year-end webinar for Sage X3 processing covers:
Year-End Check List of tasks to perform before closing
Managerial Reports to run at YE & Tie to the GL
Closing Last Fiscal Period and Year
Run Financial Data Extraction or SEI Reports
Other Considerations
1099 Generation and Reporting
Updating Default Parameters
Migration Guide For SAP S/4 HANA 1809 FICORakesh Patil
You will find as well industry innovations like: Retail and Fashion with new business scenarios including new planning strategies enhanced with segmentation functionality. Banking, coming this release with and Loans Management / Deposits Management enhancements.
RKL eSolutions recently presented a year-end planning webinar to help Sage 100 customers manage the period end close process including step-by-step instructions, reporting, and compliance.
2012 Macola progression year end closingattivogroup
Worried about how-to complete the 2012 year-end procedure in Macola Progression? Learn best practices in this presentation. Learn more about The Attivo Group at: http://www.attivoconsulting.com/macola-es.htm
Con2012 jordan analyze_your_production_costsaadamserpcorp
John Jordan will present guidance on how to “Analyze your production costs and variances with SAP® standard reports”. John created this session to help organizations better leverage one of the most useful features of standard reporting – drilldown functionality. Learn how from high-level summarized reports, you can drill down through detailed and line item reports to source documents. This functionality is one of the key tools at your disposal during variance analysis. This presentation will be presented at the Controlling 2012 Conference September 24-25, 2012 in San Diego, CA.
Receive a first-hand look at tips and tricks to help make your year-end a successful one from BKD Technologies. Learn year-end processing for general ledger, payables management, receivables management, fixed assets and much more.
Different Scenarios that Require a Calendar Change - Including the Indian Sta...eprentise
Companies using Oracle® E-Business Suite might face a situation where the business may require the accounting calendar setup to be changed as a result of being acquired, or complying with a statutory requirement. For example, companies operating in India received a mandate that their calendar must change from an April to March fiscal year to January to December. This change may take place as early as 2018. Companies who have been acquired may find that they need to match their new parent company’s calendar for their financial reporting. In another scenario, a company that is going from public to private would need to have a short calendar year so that their financials reflect the change in ownership mid-year.
Requirements would include changing the calendar structure from a monthly calendar to a 4-4-5 calendar or vice versa; changing the year from a calendar year (Jan-Dec) to the company’s fiscal year (Apr-Mar, Jul-Jun, Oct-Sep, etc.) or from a fiscal year to a calendar year; closing the year as of acquisition date and starting the operations under the acquirer company as of a certain period/date; changing the calendar period’s start or end dates or period names; or possibly adding new adjustment periods that were not defined earlier. This webinar with Raj Malekop from eprentise will explore different change scenarios and provide recommendations on how to handle these requirements.
Learning Objectives: After completion of this program you will be able to:
Objective 1: Recognize and assess different business needs that may affect your Oracle EBS Accounting Calendar setup.
Objective 2: Understand the types of structural changes required for the Accounting Calendar already in use in Oracle EBS.
Objective 3: Explore the impact of an accounting calendar change in different EBS modules.
Changes in financial reporting requirements have transformed the fixed asset accounting framework. International Financial Reporting Standards (IFRS) require fixed assets to be recorded at cost, but there are two accounting models – the cost model and the revaluation model. So what’s the difference, and when should you use each? This session will address fixed asset accounting and reporting under both models and how each is accounted for in Release 12.
Website: www.eprentise.com
Twitter: @eprentise
Google+: https://plus.google.com/u/0/+Eprentise/posts
Facebook: https://www.facebook.com/eprentise
RKL eSolutions recently presented a year-end planning webinar to help Sage 100 customers manage the period end close process including step-by-step instructions, reporting, and compliance.
2012 Macola progression year end closingattivogroup
Worried about how-to complete the 2012 year-end procedure in Macola Progression? Learn best practices in this presentation. Learn more about The Attivo Group at: http://www.attivoconsulting.com/macola-es.htm
Con2012 jordan analyze_your_production_costsaadamserpcorp
John Jordan will present guidance on how to “Analyze your production costs and variances with SAP® standard reports”. John created this session to help organizations better leverage one of the most useful features of standard reporting – drilldown functionality. Learn how from high-level summarized reports, you can drill down through detailed and line item reports to source documents. This functionality is one of the key tools at your disposal during variance analysis. This presentation will be presented at the Controlling 2012 Conference September 24-25, 2012 in San Diego, CA.
Receive a first-hand look at tips and tricks to help make your year-end a successful one from BKD Technologies. Learn year-end processing for general ledger, payables management, receivables management, fixed assets and much more.
Different Scenarios that Require a Calendar Change - Including the Indian Sta...eprentise
Companies using Oracle® E-Business Suite might face a situation where the business may require the accounting calendar setup to be changed as a result of being acquired, or complying with a statutory requirement. For example, companies operating in India received a mandate that their calendar must change from an April to March fiscal year to January to December. This change may take place as early as 2018. Companies who have been acquired may find that they need to match their new parent company’s calendar for their financial reporting. In another scenario, a company that is going from public to private would need to have a short calendar year so that their financials reflect the change in ownership mid-year.
Requirements would include changing the calendar structure from a monthly calendar to a 4-4-5 calendar or vice versa; changing the year from a calendar year (Jan-Dec) to the company’s fiscal year (Apr-Mar, Jul-Jun, Oct-Sep, etc.) or from a fiscal year to a calendar year; closing the year as of acquisition date and starting the operations under the acquirer company as of a certain period/date; changing the calendar period’s start or end dates or period names; or possibly adding new adjustment periods that were not defined earlier. This webinar with Raj Malekop from eprentise will explore different change scenarios and provide recommendations on how to handle these requirements.
Learning Objectives: After completion of this program you will be able to:
Objective 1: Recognize and assess different business needs that may affect your Oracle EBS Accounting Calendar setup.
Objective 2: Understand the types of structural changes required for the Accounting Calendar already in use in Oracle EBS.
Objective 3: Explore the impact of an accounting calendar change in different EBS modules.
Changes in financial reporting requirements have transformed the fixed asset accounting framework. International Financial Reporting Standards (IFRS) require fixed assets to be recorded at cost, but there are two accounting models – the cost model and the revaluation model. So what’s the difference, and when should you use each? This session will address fixed asset accounting and reporting under both models and how each is accounted for in Release 12.
Website: www.eprentise.com
Twitter: @eprentise
Google+: https://plus.google.com/u/0/+Eprentise/posts
Facebook: https://www.facebook.com/eprentise
This presentation reviews year-end planning to help Sage 500 customers manage the period-end close process and how to prepare for 2018. Topics include:
Closing 2017
- Establish/Test your Disaster Recovery Plan
- Performing Year-End Physical Inventory
- Reviewing Vendor 1099 Payments
- Purging/Pruning Data
Preparing for 2018
- Creating new GL Fiscal Calendars
- Creating New Inventory Calendars
- Keeping current with Sage Fixed Assets
- Updating User Security Groups
This is the presentation from our Sage 100 (MAS 90/200) user group meeting in San Antonio, Houston and Denver. During this presentation we talked about what's new in v2018 and some Year-End processing tips. Want to attend a user group in your city? http://www.bcsprosoft.com/sage-100/user-groups/
This is the presentation from the Sage 100 user groups we held this October and November in Denver, Houston and San Antonio. We went over some important year-end review procedures, supported versions, some Sage 100 Tips & Tricks, and had a fran discussion about how Sage 100c and cloud alternatives.
BCS ProSoft hosts Sage user group meetings all over the country so check out http://www.bcsprosoft.com/sage-100/user-groups/ to find a group near you.
The most important SAP Finance tables for Alteryx usersDVW Analytics
In this presentation we identify the most important SAP Finance and Controlling (FI/CO) tables for users of Alteryx and the DVW Alteryx Connector for SAP.
Finit creative solutions for cash flow fx analysis through dashboardingfinitsolutions
View(active tab)
Edit
Continuing in our webinar series Finit is proud to present and demo some of the top solutions in Onestream. Join us Friday Aug 19th to learn about our custom developed 3-Dimensional View (aka Audit View) of Cash View
Hear OneStream implementation lead Christine Ong-Estrada review the metadata structure necessary for the 3D View
Advantages of using this method of Cash Flow Reporting and
The use of Dashboards utilized around Cash Flow to guide users through the generation of the Cash Flow Report
In Part II of the presentation, we will detail and demo Application Dashboards that allow you to generate Automated and Dynamic FX Analysis
We will discuss the different reports available
Running a Calculation to save parameters and
Running a Consolidation to calculate the FX Analysis
Lastly, we will focus directly on Dashboards inside of OneStream:
The Actors Workspace - which allows you to set up different sets of Dashboards based on Role (i.e. Accountant, Controller, CFO, etc.)
Guided Reporting
Visual aids - charts, pies, and bars
And much much more...
Set up and utilize internal orders as standard SAP functionalityJohn Jordan
Internal orders are an often overlooked part of standard controlling functionality. They offer broad and detailed functionality ranging from planning and budgeting' to cost and revenue analysis. Some key points:
*Internal order configuration basics for statistical orders
*Usage of statistical internal orders
*Standard reporting options for internal orders
*Using internal order hierarchies to support reporting for groups of orders
*Leveraging internal orders for planning
Gain a clear understanding of how you can utilize internal orders, and a better understanding of how to track costs and revenues for a specific job, service, task, or event.
Microsoft Dynamics NAV Year-End Processing ChecklistJohn Stucky
You are not required by the program to close periods, however, there are many month-end activities that can be performed if you wish to do so. The following is a list of those procedures, which may or may not be necessary for your company.
Applying the New Lease Guidance for ASC 842RKLeSolutions
In this webinar Lease Query reviews a comprehensive example of how to apply the new lease accounting standard, ASC 842. The presentation reviews key lease dates and terms under the new standard and identify contract financial components and their applicability towards the lease liability calculation and determination of the appropriate discount rate. The presentation also covers journal entries under ASC 842.
Motion Picture and Television Industry: Accounting Overview ASC 606RKLeSolutions
In this CPE webinar we shine the spotlight on revenue recognition accounting practices unique to the entertainment industry, and how revenues are impacted by the recent ASC 606 accounting standard update. Dan Landes from the Los Angeles CPA firm GHJ will be the presenter.
Make your entertainment industry accounting team more strategicRKLeSolutions
As a finance leader in the entertainment industry, you deal with a unique set of challenges including managing multiple entities, creating consolidated reports, planning for the future, closing the month, and a whole lot more. The only way to do this well is to automate manual tasks with technology and free your team to be strategic. Would you like to know how to do this better? See how RKL eSolutions has helped Skydance, Legendary, and Spyglass Media improve their business processes with automation.
We felt it was important to host a webinar to review the 1099 changes in Sage 100 for 2020 tax filings. The webinar will cover:
Sage 100 versions required for 1099 NEC Reporting
Sage 100 Hot Fix For 1099 NEC Reporting
Utility to update 1099 Misc. Box 7 vendors and 2020 payment data to NEC Box 1
Using Aatrix within Sage 100 to print or efile 1099 forms
Aatrix web version for non-compliant Sage 100 versions.
Closing Sage 500 doesn’t have to be super stressful. Learn about the recent 1099 changes for 2020 and review year-end closing best practices from our experts.
The Sage 100 Road Ahead presentation provides an overview of the product enhancements and new features that are in Sage 100 version 2020, which launched in March. Upon completion of this course, participants will have an understanding of the exciting new changes included in this new release, including:
- Payroll Version
- Workstation Synchronization Without Admin Rights
- Data Conversion Enhancements
- Custom Office Enhancements
- Navigation Updates
- Address Changes
- Accounts Receivable and Payable Changes
- eInvoicing
- Multiple Purchase Orders on a Receipt
- Lot/Serial Expiration Dates
- Expensing Work-in-Progress Costs in Job Cost
How does Employee Self Service work in Sage HRMS? Slide deck includes:
Introduction to Sage HRMS
Self Service Portal & Paperless HR
Sage Alerts & Workflow Automation
Employee Self Service Solution Overview
If there’s one thing that the current crisis has illuminated for most companies, it’s that in the modern workplace every department – from accounts payable, to human resources, to legal – needs to be able to communicate, collaborate, and do their best work from anywhere, not just the office. We know that there are a lot of different software vendors that offer solutions for automation this download will provide you with an RKLeSolutions Resource Review. The purpose is to give a quick overview of a variety of automated solutions, allowing you to decide which platforms to research more deeply and which of their webinars are worth attending.
In Preparation for 2020 this slide deck has information on:
-Fiscal Year-End Close Process
Create Fiscal Year Reporting Periods
1099 Preparation and Processing
In Preparation for 2020 this slide deck has information on:
GL Fiscal Calendars
Inventory Calendars
Sage Fixed Assets
Closing 2019
Physical Inventory
Vendor 1099 Payments
General Health Checks
Disaster Recovery Plan
Pruning Data
Security Groups
Check out the webinar slides to learn more about how XfilesPro transforms Salesforce document management by leveraging its world-class applications. For more details, please connect with sales@xfilespro.com
If you want to watch the on-demand webinar, please click here: https://www.xfilespro.com/webinars/salesforce-document-management-2-0-smarter-faster-better/
Large Language Models and the End of ProgrammingMatt Welsh
Talk by Matt Welsh at Craft Conference 2024 on the impact that Large Language Models will have on the future of software development. In this talk, I discuss the ways in which LLMs will impact the software industry, from replacing human software developers with AI, to replacing conventional software with models that perform reasoning, computation, and problem-solving.
Enhancing Research Orchestration Capabilities at ORNL.pdfGlobus
Cross-facility research orchestration comes with ever-changing constraints regarding the availability and suitability of various compute and data resources. In short, a flexible data and processing fabric is needed to enable the dynamic redirection of data and compute tasks throughout the lifecycle of an experiment. In this talk, we illustrate how we easily leveraged Globus services to instrument the ACE research testbed at the Oak Ridge Leadership Computing Facility with flexible data and task orchestration capabilities.
Unleash Unlimited Potential with One-Time Purchase
BoxLang is more than just a language; it's a community. By choosing a Visionary License, you're not just investing in your success, you're actively contributing to the ongoing development and support of BoxLang.
SOCRadar Research Team: Latest Activities of IntelBrokerSOCRadar
The European Union Agency for Law Enforcement Cooperation (Europol) has suffered an alleged data breach after a notorious threat actor claimed to have exfiltrated data from its systems. Infamous data leaker IntelBroker posted on the even more infamous BreachForums hacking forum, saying that Europol suffered a data breach this month.
The alleged breach affected Europol agencies CCSE, EC3, Europol Platform for Experts, Law Enforcement Forum, and SIRIUS. Infiltration of these entities can disrupt ongoing investigations and compromise sensitive intelligence shared among international law enforcement agencies.
However, this is neither the first nor the last activity of IntekBroker. We have compiled for you what happened in the last few days. To track such hacker activities on dark web sources like hacker forums, private Telegram channels, and other hidden platforms where cyber threats often originate, you can check SOCRadar’s Dark Web News.
Stay Informed on Threat Actors’ Activity on the Dark Web with SOCRadar!
Modern design is crucial in today's digital environment, and this is especially true for SharePoint intranets. The design of these digital hubs is critical to user engagement and productivity enhancement. They are the cornerstone of internal collaboration and interaction within enterprises.
How Recreation Management Software Can Streamline Your Operations.pptxwottaspaceseo
Recreation management software streamlines operations by automating key tasks such as scheduling, registration, and payment processing, reducing manual workload and errors. It provides centralized management of facilities, classes, and events, ensuring efficient resource allocation and facility usage. The software offers user-friendly online portals for easy access to bookings and program information, enhancing customer experience. Real-time reporting and data analytics deliver insights into attendance and preferences, aiding in strategic decision-making. Additionally, effective communication tools keep participants and staff informed with timely updates. Overall, recreation management software enhances efficiency, improves service delivery, and boosts customer satisfaction.
Developing Distributed High-performance Computing Capabilities of an Open Sci...Globus
COVID-19 had an unprecedented impact on scientific collaboration. The pandemic and its broad response from the scientific community has forged new relationships among public health practitioners, mathematical modelers, and scientific computing specialists, while revealing critical gaps in exploiting advanced computing systems to support urgent decision making. Informed by our team’s work in applying high-performance computing in support of public health decision makers during the COVID-19 pandemic, we present how Globus technologies are enabling the development of an open science platform for robust epidemic analysis, with the goal of collaborative, secure, distributed, on-demand, and fast time-to-solution analyses to support public health.
Accelerate Enterprise Software Engineering with PlatformlessWSO2
Key takeaways:
Challenges of building platforms and the benefits of platformless.
Key principles of platformless, including API-first, cloud-native middleware, platform engineering, and developer experience.
How Choreo enables the platformless experience.
How key concepts like application architecture, domain-driven design, zero trust, and cell-based architecture are inherently a part of Choreo.
Demo of an end-to-end app built and deployed on Choreo.
Experience our free, in-depth three-part Tendenci Platform Corporate Membership Management workshop series! In Session 1 on May 14th, 2024, we began with an Introduction and Setup, mastering the configuration of your Corporate Membership Module settings to establish membership types, applications, and more. Then, on May 16th, 2024, in Session 2, we focused on binding individual members to a Corporate Membership and Corporate Reps, teaching you how to add individual members and assign Corporate Representatives to manage dues, renewals, and associated members. Finally, on May 28th, 2024, in Session 3, we covered questions and concerns, addressing any queries or issues you may have.
For more Tendenci AMS events, check out www.tendenci.com/events
In 2015, I used to write extensions for Joomla, WordPress, phpBB3, etc and I ...Juraj Vysvader
In 2015, I used to write extensions for Joomla, WordPress, phpBB3, etc and I didn't get rich from it but it did have 63K downloads (powered possible tens of thousands of websites).
Why React Native as a Strategic Advantage for Startup Innovation.pdfayushiqss
Do you know that React Native is being increasingly adopted by startups as well as big companies in the mobile app development industry? Big names like Facebook, Instagram, and Pinterest have already integrated this robust open-source framework.
In fact, according to a report by Statista, the number of React Native developers has been steadily increasing over the years, reaching an estimated 1.9 million by the end of 2024. This means that the demand for this framework in the job market has been growing making it a valuable skill.
But what makes React Native so popular for mobile application development? It offers excellent cross-platform capabilities among other benefits. This way, with React Native, developers can write code once and run it on both iOS and Android devices thus saving time and resources leading to shorter development cycles hence faster time-to-market for your app.
Let’s take the example of a startup, which wanted to release their app on both iOS and Android at once. Through the use of React Native they managed to create an app and bring it into the market within a very short period. This helped them gain an advantage over their competitors because they had access to a large user base who were able to generate revenue quickly for them.
TROUBLESHOOTING 9 TYPES OF OUTOFMEMORYERRORTier1 app
Even though at surface level ‘java.lang.OutOfMemoryError’ appears as one single error; underlyingly there are 9 types of OutOfMemoryError. Each type of OutOfMemoryError has different causes, diagnosis approaches and solutions. This session equips you with the knowledge, tools, and techniques needed to troubleshoot and conquer OutOfMemoryError in all its forms, ensuring smoother, more efficient Java applications.
Software Engineering, Software Consulting, Tech Lead.
Spring Boot, Spring Cloud, Spring Core, Spring JDBC, Spring Security,
Spring Transaction, Spring MVC,
Log4j, REST/SOAP WEB-SERVICES.
Innovating Inference - Remote Triggering of Large Language Models on HPC Clus...Globus
Large Language Models (LLMs) are currently the center of attention in the tech world, particularly for their potential to advance research. In this presentation, we'll explore a straightforward and effective method for quickly initiating inference runs on supercomputers using the vLLM tool with Globus Compute, specifically on the Polaris system at ALCF. We'll begin by briefly discussing the popularity and applications of LLMs in various fields. Following this, we will introduce the vLLM tool, and explain how it integrates with Globus Compute to efficiently manage LLM operations on Polaris. Attendees will learn the practical aspects of setting up and remotely triggering LLMs from local machines, focusing on ease of use and efficiency. This talk is ideal for researchers and practitioners looking to leverage the power of LLMs in their work, offering a clear guide to harnessing supercomputing resources for quick and effective LLM inference.
First Steps with Globus Compute Multi-User EndpointsGlobus
In this presentation we will share our experiences around getting started with the Globus Compute multi-user endpoint. Working with the Pharmacology group at the University of Auckland, we have previously written an application using Globus Compute that can offload computationally expensive steps in the researcher's workflows, which they wish to manage from their familiar Windows environments, onto the NeSI (New Zealand eScience Infrastructure) cluster. Some of the challenges we have encountered were that each researcher had to set up and manage their own single-user globus compute endpoint and that the workloads had varying resource requirements (CPUs, memory and wall time) between different runs. We hope that the multi-user endpoint will help to address these challenges and share an update on our progress here.
Code reviews are vital for ensuring good code quality. They serve as one of our last lines of defense against bugs and subpar code reaching production.
Yet, they often turn into annoying tasks riddled with frustration, hostility, unclear feedback and lack of standards. How can we improve this crucial process?
In this session we will cover:
- The Art of Effective Code Reviews
- Streamlining the Review Process
- Elevating Reviews with Automated Tools
By the end of this presentation, you'll have the knowledge on how to organize and improve your code review proces
OpenFOAM solver for Helmholtz equation, helmholtzFoam / helmholtzBubbleFoamtakuyayamamoto1800
In this slide, we show the simulation example and the way to compile this solver.
In this solver, the Helmholtz equation can be solved by helmholtzFoam. Also, the Helmholtz equation with uniformly dispersed bubbles can be simulated by helmholtzBubbleFoam.
In software engineering, the right architecture is essential for robust, scalable platforms. Wix has undergone a pivotal shift from event sourcing to a CRUD-based model for its microservices. This talk will chart the course of this pivotal journey.
Event sourcing, which records state changes as immutable events, provided robust auditing and "time travel" debugging for Wix Stores' microservices. Despite its benefits, the complexity it introduced in state management slowed development. Wix responded by adopting a simpler, unified CRUD model. This talk will explore the challenges of event sourcing and the advantages of Wix's new "CRUD on steroids" approach, which streamlines API integration and domain event management while preserving data integrity and system resilience.
Participants will gain valuable insights into Wix's strategies for ensuring atomicity in database updates and event production, as well as caching, materialization, and performance optimization techniques within a distributed system.
Join us to discover how Wix has mastered the art of balancing simplicity and extensibility, and learn how the re-adoption of the modest CRUD has turbocharged their development velocity, resilience, and scalability in a high-growth environment.
1. 2017
Year-End Planning for Sage X3
To Join the Audio: 1-650-479-3207
Passcode: 663-621-027
Ed Halloran, Solution Architect
RKL eSolutions, LLC
December 11th, 2017
FOCUSED. ON YOU.
2. To edit footer choose Insert > Header & Footer and Apply to All 2
• General Ledger Postings – Check List before closing
• Run Managerial Reports - Agree to General Ledger Balance
• Closing Last Fiscal Period and Year
• Run Financial Data Extraction or SEI Reports
• Other Considerations
• 1099 Generation and Reporting
• Updating Default Parameters
• Q&A
AGENDA
3. To edit footer choose Insert > Header & Footer and Apply to All 3
• Posting of operational transactions. Examples include:
All shipments have been invoiced
All sales invoices/credit memos posted (FUNCFMINV, BPCVAL)
All purchase invoices/credit memos posted (FUNPIH, BPSVAL)
All payments posted (REMBAN)
Physical inventory completed
All subcontracting costs are calculated and posted
Stock accounting Interface posted with no errors (FUNSTOACC)
WIP accounting interface posted with no errors (FUNWIPACC)
Year-End Check List
4. To edit footer choose Insert > Header & Footer and Apply to All 4
• Perform financial accounting processes including:
Enter accrual entries & generate their reversal
Generate recurring entries
Enter depreciation entries if not using FAS
Confirm inter-company accounts balance
Invoices to receive – accrue non-inventory receipts
Match RNI account
Generate multi-currency revaluation entries
Consider dimensional allocations
Delete/Make actual any simulated journal entries
Year-End Check List
5. To edit footer choose Insert > Header & Footer and Apply to All 5
• Close Fixed Assets:
Confirm all periods are set to actual
Confirm all journal entries are posted
Monitor the context to determine what needs corrected
Perform period & year end close
• Periods cannot be reopened
• Must be closed before GL is closed
• Reconcile bank accounts
• No automatic reconciliation yet
Year-End Check List
6. To edit footer choose Insert > Header & Footer and Apply to All 6
• Restrict postings by module
• ACHXXXDAT - Purchase invoices
• CPTXXXDAT - Journal & batch entries
• TRSXXXDAT - Customer BP invoices,
supplier BP invoices, entry of payments,
entry of open item statements, entry of
expenses lines and automatic payment
proposal
• VENXXXDAT - Sales invoices
• Or restrict by Document Type date
range or Journal Code date range
Year-End Check List
7. To edit footer choose Insert > Header & Footer and Apply to All 7
• NA-BPATB Customer Aging
• NA-BPATB Supplier Aging
• NA-TRLBAL Trial Balance
• Matching detail for RNI account
• Requestor ACH040 can be used with limitations
• Fixed Asset Listing
• Stock Valuation Report
• ZWIP requestor
• RKL custom requestor to tie out WIP by work order
Managerial Reports
8. To edit footer choose Insert > Header & Footer and Apply to All 8
• Final Validation of Journal Entries
Run Final Validation for all remaining unposted 2017
entries (CPTVAL)
Review the Pre-closing report for blocking errors
(CLOPER)
• Close the Period
Stock close
Period close (final month will notify on screen)
• Make sure January 2018 is open!
Closing the Year
9. To edit footer choose Insert > Header & Footer and Apply to All 9
Closing the Year
• All users to log out of X3
• Turn off accounting tasks
• NEWPR is the journal and document type used to create the closing
entries
• Confirm miscellaneous accounts on the chart of accounts
• Line 11 should be retained earnings
• Other lines not used but may need values to avoid errors from generating
10. To edit footer choose Insert > Header & Footer and Apply to All 10
Closing the Year
• Journal entries are created closing P&L accounts to retained earnings
and establishing opening balances for Balance Sheet accounts
• If not ready to close year, Year End Simulation can be used
• No entry but rolls balance forward
• Years can be re-opened to enter any audit adjustments
11. To edit footer choose Insert > Header & Footer and Apply to All 11
• Use SEI or FDE to
verify report balances
at year end
• Confirm roll forward of
ending balances to
beginning balances for
balance sheet
accounts
Financial Reporting Considerations
12. To edit footer choose Insert > Header & Footer and Apply to All 12
• Budgets – New budget codes can be created or 2018 balances can be imported
to existing budgets.
• Operational Budgets – Carry-over budgets should be calculated if necessary.
• Update standard costs
• System will use old standard until 2018 standard is created
• Copy current raw material standard to simulated
• Update raw material simulated standards
• Perform BOM cost rollup on finished good simulated costs
• Copy simulated 2018 cost to 2018 standard costs
Other Considerations…
13. To edit footer choose Insert > Header & Footer and Apply to All 13
• 1099 functionality is found under
“Declarations”
• Run the “Calculate 1099 payments”
• Payment amounts can be edited
using “1099 payment summary”
• Print 1099 & 1096 forms.
• Electronic filing not supported
Printing 1099s
14. To edit footer choose Insert > Header & Footer and Apply to All 14
• Change the date ranges after the new year
begins
• These dates default to reports and inquiries
• Can be set by user too
Default Date Parameters
15. Any Questions
RKL eSolutions helpdesk is a great place to ask questions. Contact us:
support@rklesolutions.com
Gia Lane
Customer Account Manager – East Coast
Glane@rklesolutions.com
717-735-1492
Mike Share
Customer Account Manager – West Coast
mshare@rklesolutions.com
717-735-9131
Editor's Notes
I’m Ed Halloran
I’ve been with RKL since 2010
X3 since 2011
Before that I implemented and supported MAS500 since 1999.
Before that I worked in the tax department at EY.
There are inquires showing Unposted Invoices.
Create an advanced select where status = unposted
Stock count sessions closed out
If you’re running the interfaces as recurring tasks, you may want to run them manually to confirm there are no errors