Diabetes Canada

R2R 5. Monthly Processing

5.1 Manage GL Changes in U4BW, Templates, and External Systems 5.2 Manage Parked Transactions 5.3 Update the GL by Importing Data from External Systems 5.4 GL to AP Reconciliation 5.5 GL to AR Reconciliation 5.7 Bank reconciliation 5.8 Transactions in Error 5.9 Monthly revaluation for foreign currency transactions 5.10 Grant revenue recognition Triggers 5.11 Month End Allocations 5.12 Soft Close the Period 5.12 .1 Close Individual Modules 5.13 Produce Draft Financial Statements 5.14 Record Adjusting Entries 5.15 Perform Hard close of period and Change the current month 5.16 Produce Final Financial Statements 5.17 Open Posting Cycles 5.18 Update Foreign Exchange Rates