G/L Report and Period Closing

Objective

  • Understand the ProfitMaster Balance Sheet, Income Statement and Trial Balance, and the implications for year-end

Details

  • Learn how and when to close a period and/or year
  • Complete the year-end checklist prior to any closings
  • Understand the Balance Sheet basics how/when to run and what to check
  • Follow the flow of retained earnings at the year-end close
  • Discover the income statement basics how/when to run comparison options
  • Become familiar with options on how to run your Trial Balance
RETURN TO PROFITMASTER TRAINING