Results of Day-End Processing
When you post Inventory Control transactions, the program always updates the affected item quantities in your system, so you always know what you have in stock.
Costing Inventory During Posting or During Day End Processing
You can choose whether Inventory Control updates costing and creates transactions when you post transactions, or later, when you run Day End Processing.
Note: Costing inventory during posting is time consuming. To speed up processing (especially from posting orders in Order Entry), choose Costing During Day End Processing in the I/C Options form.
What Day End Processing Does
If you choose Costing During Day End Processing, you must run day end processing to update the rest of your Inventory Control data — such as item costs, general ledger transactions, item statistics, and transaction history. Each time you run day-end processing, the program processes all the transactions you have posted since the last time you ran day-end processing.
Use the Day End Processing form to update your Inventory Control data and the transaction and audit data for Order Entry and Purchase Orders.
Run day-end processing as part of your daily routine, to keep your Inventory Control audit trail and reports up to date. You can run day-end processing as many times a day as you want.
Depending on your selection for the Create G/L Transactions option in the G/L Integration form, day-end processing either creates a batch of general ledger transactions (and optionally posts it in General Ledger), or just updates Inventory Control data so you can create the general ledger batch when you want, using the Create G/L Batch form.
If you do not use Sage ERP Accpac General Ledger, or if it is at another location from Inventory Control, then day-end processing creates a batch you can import into another program, or print, then enter manually into your general ledger.
Day-end processing also does the following:
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Updates audit trail data, which you print using the Posting Journals form.
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Assigns the day-end number that is displayed in the Next Day End Number field on the Documents tab of the Options form, to all the Inventory Control transactions being processed, then increases the day-end number to prepare for the next time you run Day End Processing.
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Updates costing data for all transactions.
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Updates statistics and history used by the analysis reports.
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If you are showing costs, you must perform day-end processing if you want an accurate reflection of costs for labels.
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Note that the G/L Transactions report is updated by day-end processing only if you create the general ledger batch manually, using the Create G/L Batch form. Note also that if you create the general ledger batch during day-end processing, you cannot print this report.
Before running day-end processing
Using Sage ERP Accpac Order Entry and Purchase Orders
If you use Order Entry, Purchase Orders, or both of these programs with Inventory Control, their data is also updated by running Inventory Control's day-end processing.
See also