After Creating a New Year

• Define and print a source journal that lists only the entries associated with the closing source code, GL-CL.

• Print and clear the Batch Status report, selecting all statuses.

• Print the opening balance sheet and other reports you need to start your records for the new fiscal year.

• Use the Period End Maintenance form to:

• Delete inactive accounts.

• Delete outdated transaction detail.

• Delete outdated fiscal sets.

• Reset batch numbers to 1.

Note that all Period End Maintenance activities are optional, and can be done at any time.