Skip to Content
0
Former Member
Jan 15, 2010 at 04:49 PM

Period end closing work flow

40 Views

Dear Experts,

very end of year. Normally, we

1. perform Period End Closing before audit and give auditors to checking,

2. Audit Report is given by auditors and then perform Audit Adjustment (Adj Period 13) at JE

3. After audited and Audit Adjustment is posted then perform again period end closing in order to increase the figure in retained earning account.

It is above flow is correct? Please correct me if i wrong,

Thanks.

Regards,

Danny