Are you familiar with the situation where there are tasks at the end of the financial year that only come up once a year and therefore don't come easily to you?
If this applies to you, you must ensure, for example, that all documents and posting sheets are posted in Dynamics NAV, including the current exchange rates for foreign currencies. There are a number of standard tasks that must be performed at a set frequency when closing the periods.
We have broken down the standard tasks to be carried out into individual steps for you, which can be supplemented by individual actions in your company.
These include the following system-supporting steps.":
- Close posting periods
- Updating foreign exchange rates
- Allocation of costs and sales to accounts and dimensions
- VAT declaration to the tax authorities
- Creating reports to check the balances of the general ledger
- Creating reports to check the subledgers for accounts receivable, accounts payable and bank accounts
- Closing the accounting periods
- Transferring P&L balances to balance sheet accounts
- Posting the annual financial statement items
- Creating financial evaluations
The advantages of the standardized approach to annual financial statements:
- Save time by going through the annual financial statements quickly and efficiently
- Ensuring the quality of the accounting material through the audit reports prepared
- Activities are planned and nothing is forgotten during implementation
Have we aroused your interest? Find out more from our team of consultants. Please feel free to contact us!
Phone: +49 (89) 21 111 848
E-Mail: vertrieb@br-ag.com
