Closing of the Year - Month of December

Closing of the Year - Month of December

Closing of Period Month 12 

This process generates the closing balances of the accounting accounts of Results for the month of December. Once all the accounting entries for December have been generated and updated and the person responsible for the area verifies that the information is correct, the following actions are carried out:
  1. Go to Administration → General Accounting → Close and Open Accounting Months.
  2. In the Monthly Accounting Process section, click on the Close Current Month 12-YYYYY.

  4. Press the Close Current Month MM-YYYYYY button to confirm the month closure or press the Back button to cancel the closure.

  5. Once the close has been completed in the Monthly Accounting Process section, the current month will be indicated, press the Back button.
Once the closing process has been generated, no modifications to the information will be allowed.

    • Related Articles

    • Close and Open Accounting Months

      In order to safeguard the integrity of the information of the operations performed in the Novohit modules, the accounting module is the only one that can close and open the information of the periods. This application allows the opening or closing of ...

    • Update Physical Inventory and/or Close of Month

      Actions Prior to Closing of the Inventory Management Module Before closing the Inventory Management module, it is suggested: Check that there are no pending transactions to be entered for the period to be closed (incoming, outgoing, requisitions, ...

    • Accounts Payable Monthly Close

      Actions Prior to the Closing of Accounts Payable Module Before the closing of the Accounts Payable module, the following actions must be taken. Check that there are no pending transactions to be entered for the period to be closed (invoices, ...

    • Bank Monthly Close

      Actions Before Closing the Banking Module Perform the following actions prior to closing the Banking module: Check that there are no transactions pending entry for the period to be closed (deposits, checks, bank commissions, etc.), since, if the ...

    • View Open Months by Area

      This application shows the period or month that is open for the Administration (Back Office) modules. Go to: Administration (Back Office) → General Accounting → View Open Months by Area The initial screen shows the following sections: Open Months by ...