📄️ Month End Procedures
Purchasing
📄️ Cost of Goods Posting
The Invoicing G/L Cost Posting procedure has received updates to improve performance and to handle locked invoices better. You should not have people editing invoices after they have been posted but it seems to happen. This also makes the COGS posting much more flexible and able to run mid-day while the business is operating.
📄️ AR Month End
Once the AR department has closed a month, they generally do not want people to be able to post into a closed period as this will affect their balancing both in AR and in the GL.