Processing the Year End

The end date of your fiscal year is established in Firm Setup on the Practice > Other Practice Settings window. Running the year end procedure moves the fiscal year end date forward one year from the current fiscal year end.

Note: Once fiscal year end has been set and saved, you must contact support if you need to change the date.

To process the year end, do the following:

1. Open Dashboard, click Application Links on the navigation panel, and click Year-end procedures in the Administration group.
2. Verify that the following have been performed and are finalized:
• All time, billing, and receivables have been posted
• All year end reports have been run
3. Click Process.
4. Verify the fiscal year dates and click Update.