Page 2 - Participant Guide - Unanet GovCon Closing a Fiscal Period (2)
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Table of Contents
ABOUT THIS PARTICIPANT GUIDE ............................................................................. 5
COURSE INTRODUCTION ............................................................................................ 6
Learning Objectives .................................................................................................. 6
LESSON 1: FISCAL PERIOD CLOSE PROCESS ......................................................... 8
Learning Objectives .................................................................................................. 8
Introduction ................................................................................................................ 8
Fiscal Period Close .................................................................................................... 8
GL Reporting .............................................................................................................. 9
GL Summary (Trial Balance) ..................................................................................... 9
Activity 1.1 Run the GL Summary (Trial Balance) ............................................. 10
GL Details ................................................................................................................. 11
Activity 1.2 Run the GL Details Report ............................................................... 11
Check Your Understanding .................................................................................... 12
LESSON 2: SUBLEDGERS ......................................................................................... 13
Learning Objectives ................................................................................................ 13
Introduction .............................................................................................................. 13
Accounts Payable .................................................................................................... 13
Activity 2.1 Verify, Run, Compare, and Close AP .............................................. 14
Purchasing (if applicable) ....................................................................................... 15
Activity 2.2 Verify, Run, Compare, and Close Purchasing ............................... 15
Customer Invoices ................................................................................................... 16
Accounts Receivable ............................................................................................... 17
Activity 2.3 Verify, Run, Compare, and Close AR .............................................. 18
Check Your Understanding .................................................................................... 19
LESSON 3: INVOICING AND POSTING ...................................................................... 20
Learning Objectives ................................................................................................ 20
Introduction .............................................................................................................. 20
Expense Report Cost Post ...................................................................................... 21
Activity 3.1 Perform Expense Report Cost Post ................................................ 21
Labor Cost Post ....................................................................................................... 22
Activity 3.2 Perform Labor Cost Post ................................................................. 22
ABOUT THIS PARTICIPANT GUIDE
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