Close the Accounts Receivable year

You can close the year in Accounts Receivable before closing the year in interfacing applications. The year-end close in Accounts Receivable is independent of closing the year in General Ledger.

What happens when you close the year

• It clears This Year customer totals and the Next Year customer totals move to This Year.
• The Year ending date in AR Settings changes to the next year ending date.
• This date displays in the Close Year - Date Selection window (Tasks, Close Year).

Close the year in Accounts Receivable

1. Back up your data files.
2. From the Tasks menu, select Close Year.
3. Verify that the New year end date is correct and click Start.

View customer totals

1. From the Accounts Receivable Setup menu, select Customer.
2. Enter the Customer.
3. Click the Totals button.

Which applications have a close period, month, or year task?
How do I reconcile Accounts Receivable to General Ledger?