ESC Accounting - End of Year Procedures



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Does your fiscal year end in December? Top 3 Points

1. In ESC, use Company | Close Fiscal Year to create 2017 accounting periods.

2. In ESC, use Company | Select Open Accounting Period to re-open December.

  • You can enter into both years at the same time!

3. After making additional prior year entries be sure to Company | Close Fiscal Year, again.

  • This will update January beginning balances.
  • It is completely normal to close the fiscal year many times
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