The document outlines the year-end processing procedures in Microsoft Dynamics GP, presented by Adam Carey and Mansoor Ahmed. It emphasizes the importance of reconciling sub-ledger and general ledger accounts, closing year-to-date figures, and creating a new financial year while ensuring all users are logged out and a backup is taken. Additionally, it provides a list of upcoming webinars and resources for Dynamics GP users.

1. Year end processing in
Microsoft Dynamics GP
Presented by Adam Carey and Mansoor Ahmed

2. Housekeeping
Session is being recorded
All lines are set to mute
Type questions into the questions panel
and we will answer them at the end

3. Why
 The year-end close routines for Dynamics GP are used to ensure modules are closed and ready
to begin processing the upcoming year’s transactions
 Its key purpose is to clear down existing Year-to-Date figures in the sub-ledgers and then post
forward relevant Balance Sheet figures in the General Ledger
 It also ensures processes are carried out that reconcile your sub-ledger and general ledger
information

4. Before the end
Post all transactions for each ledger related to the year being closed
Ensure ALL other GP users are logged out of the Company
Create your new Financial Year in GP
Take a backup of your Company database

5. Pre-close questions
 Can I post transactions into my new Financial Year before closing?
 Will transaction history be deleted?

6. Order of service
Inventory
Receivables
Management
Payables
Management
Fixed Assets
General
Ledger

7. After the close
 Check your Retained Earnings figures
 Posting audit adjustments into Historical Year
 Final back-up for Auditors
 We have detailed procedure guides on request

8. Questions…?

9. Upcoming events for Dynamics GP
Register at www.m-hance.com/events
Title Date
Webinar: An introduction to Power BI 11th April
Webinar: Concur, a 3rd party expense management tool 2nd May
Webinar: VAT Management for GP 16th May
Business Briefing: Dynamics GP Customer Event in London 23rd May

10. Contact us:
sayhello@m-hance.com
0330 777 1950
Further resources:
www.m-hance.com