Suggested End Of Month Procedures |
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No formal end of month procedure is required in Jim2, however it is good practice to run through a checklist at the end of each month to ensure that nothing has been overlooked. This process can be followed weekly, if preferred, as it is integral to maintaining an accurate Jim2 database
The following is suggested:
For more information, please contact the support team at Happen Business, on 02 9570 4696, or email support@happen.biz
Further information Clear the Historical Balancing Account Enter Government Support Payments Purchase a Capital Asset Under Finance Record Debtors/Creditors Contras ATO Reportable Sub-Contractor Payments Share Utility Expenses with other Businesses Understanding Debits and Credits |