Complete invoice and receipt interface programs up to last day of period.
Complete any manual entry of invoices, receipts and adjustments up to last day of period.
Review any pending adjustments (memo) and approve.
Run Incomplete Invoices Report.
Review and complete or update any invoices as appropriate.
Submit Transfer to General Ledger interface for current period.
Set current period to Closed and Open next period.
If period will not close due to Unposted Items, run Unposted Items Report, review and re-submit Transfer to GL.
Run AR Reconciliation report and confirm difference of zero between AR closing balance and AR registers. Review individual registers if difference exists.
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