This procedure outlines the steps to be taken to close USAS for the month in the Redesign.
|If you have turned off your Monthly CD Report bundle, please enable it prior to closing the month. Go to the Report Bundle Manager to check the box.|
Perform bank reconciliation procedure
Under the Periodic menu, select 'Cash Reconciliation' to enter your cash reconciliation information for the month
Compare the totals from reports... totals should match with the exception of encumbrances.
Encumbrances on these two reports may not match.
Cash Summary picks up total encumbrances (including carry-over encumbrances).
Financial Detail Report picks up encumbrances for the current fiscal year.
5. Manually run and review desired reports (Monthly CD Reports will be generated when step 6 is completed)
The SSDT Monthly CD Report Bundle will automatically run when the Posting Period is closed as long as it is enabled. The bundle includes 24 SSDT Template reports. A list of reports can be found here. Reports can be found in File Archive under the Utilities menu.
You are now closed for the month, proceed with your next month's financial transactions.
|Post Closing Step: If you plan on re-opening/closing the month again and you will NOT want your SSDT Monthly Cd Bundle to run again please go to Report Bundle Manager and disable. If you want to keep it enabled you may do so.|