Manager Forum

What are those doing for daily close outs and month end close outs?

I am looking for an easy process to consolidate the cash drawer, deposits, CC purchases and complete all necessary checks and balances.

thanks for any help!

Month end closings happen automatically.

As for daily, it depends on what your process is. Here is our list....

1. Accounting: Balances Due (for office to keep an eye on receivables)
2. Accounting: Cash Rec. by Payment (for entry into QB)
3. Accounting: Deleted Orders (keep staff honest)
4. Accounting: Deleted Payments (see above)
5. Accounting: Discount Summary ( for office to track what we give away)
6. Accounting: Invoice Profit Summary ( to track SW profitability)
7. Accounting: Posted Orders (track and attach with #2)
8. Inventory: Committed Parts by Part Number ( ask Dan Johnson )
9. Inventory: Inventory Part Sales (to compare to inventory and add QOH if needed)
10. Inventory: Low Inventory by Part Number (use to confirm counts on low inventory)
11. Inventory: Low Inventory by Vendor (use to create PO's for inventory ordering)