Period Close Processing Checklist -> R12 Receivables

Posted on June 13th, 2009 by Sanjit Anand | Print This Post | Email This Post

This is recap of previous post in brief for Close Checklist – Receivables

1. Complete Transactions
2. Review Unapplied Receipts
3. Reconcile Receipts to Bank Statement
4. Change Period Status to Close Pending
5. Create Accounting
6. Review Unposted Items Report
7. Reconcile Transaction Activity
   • Transaction Register
   • Sales Journals
   • Receipt Register
   • Receipt Journals Report
   • Journal Entries Report
8. Reconcile Outstanding Customer Balances
   • Aging Report (run for last period)
   • Transaction Register
   • Adjustments Register
   • Invoice Exceptions
   • Applied Receipts Register
   • Unapplied Receipts Register
   • Aging Report (run for this period)
9. Post (GL) Receivables Transactions
10. Print Invoices
11. Print Statements
12. Print Dunning
13. Reconcile Receivables Activity to GL
    • AR Reconciliation Report
    • AR-GL Reconciliation Report
    • Third Party Balances Report
    • Account Analysis Report
14. Close Receivables Period
    • Subledger Close Exceptions Report
    • Change Period Status to Closed
    • Open Next Period
15. Do your Tax Reporting
    

1. Period Close Processing Checklist -> R12 Payables
2. R12 AR Month End Close and Reconciliation
3. R12 : Cash Management Period Closure
4. A note on sub ledger reconciliation reports during period closure
5. R12 :FA Close process