Day End Processing

Day End Processing

Keep your Inventory Control audit trail, reports and costing data up to date for all transactions.

• Produce general ledger journal entries from the transactions that were posted during the day.
• Produce a posting journal for each type of transaction that was posted.
• Update Inventory Control statistics and transaction history.

Day End Processing also performs processing tasks for the Order Entry and Purchase Orders modules:

• Processing transactions that were posted during the day in Order Entry and Purchase Orders.
• Activating and posting future sales orders and purchase orders that have reached their order date and updating quantities on sales order and on purchase order.
• Removing quotes and purchase requisitions with expiration dates up to and including the session date for day-end processing.
• Updating sales commissions.
• Creating batches of Accounts Receivable summary invoices and credit notes from posted Order Entry transactions.
• Deleting completed transaction details if you do not keep transaction history.
• Updating statistics and history in Order Entry and Purchase Orders.