This webinar presentation will cover: Pre Year End Tasks Backups and Maintenance Utilities Hints and Tips Processing the Year End Post Year End Checks

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