End Of Period Procedures

The following steps should be followed at the end of each period (month). Step 1 of these procedures assumes that your chart of accounts contains opening and closing stock accounts. Steps 1 to 6 are processed through CAPITAL Office.

Step 1 - Print The Stock Quantities Report

Step 2 - Cashbook Direct Entries

Step 3 - Reconcile The Bank

Step 4 - Running A Bank Statement Report

Step 5 - Unpresented Cheques Lists

Step 6 - Printing Other Reports

Step 7 - Run The General Ledger

Step 8 - The Stock Journal

Step 9 - Print The Trial Balance

Step 10 - Compare Reports

Step 11 - Print Financial Statement