Page 10 - Participant Guide - Unanet GovCon Closing a Fiscal Period (2)

Activity 1.1 Run the GL Summary (Trial Balance)
Login as Glenda Manager (GL Manager) – glmanager / welcome.

Activity Steps
1. Navigate: Reports > Dashboard > General Ledger > GL Summary (Trial
Balance)

2. Run the GL Summary (Trial Balance) report for the Closing Fiscal Period
3. View the GL Summary (Trial Balance) report to answer the following:

Questions Answers
What are the names of the
columns in this report?

What Account Types are
represented on this report?

What are the Grand Totals for
MYCO - My Company?

What does this report verify?

4. Click on either the Debit or Credit value link for account #10.01.01 Operating
Bank Account and confirm the results open up in the GL Details report to
answer the following:

Questions Answers
For the Debit transactions,
what are the abbreviated
st
codes in the 1 column under
Src (Source)?

For the Credit transactions,
what are the abbreviated
codes in the 1 column under
st
Src (Source)?

Note: It is helpful to keep this report open on a separate tab to refresh and view activity
and values through the closing process.

LESSON 1: FISCAL PERIOD CLOSE PROCESS 10

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