Whether this is your first time closing the books, or you need a brief brush-up training session, make sure to watch our video on 2021 year-end closing with Sage X3. We understand how stressful this time can be and want to make sure you have a very smooth and seamless closing process.
We will review all the proper procedures and processes that need to be performed to ensure your organization successfully closes your year-end books with ease.
Agenda:
- Process Overview – Best Practices
- Period Closing
- Parameter Review and Key Validations
- Accounting Task
- Soft Close versus Hard Close
- Create the New Fiscal Year
- Create New Periods
- Year-end Simulation
- Validation of Balances in New Fiscal Year
- Year-end Close
- Close Period 12 of Previous Year
- Fiscal Year-end Function
- New Period Journal Entry Samples
- Fiscal Year-end Function Key Points
- Other Considerations
- Additional Maintenance & Utilities