End of Month Reset
Purpose
Posts, for each licenced module,
summary account transaction journals to the General Ledger.
The transaction input date determines which month end
journal it will be included in. Once the
month end process is completed, each account transaction will be updated with
the GL Code and Journal number that has been assigned when it was posted.
Timing
Month End resets should be completed on the first business
day of a new month, following the printing of the required month end reports.
Note: No processing
for the new month can be completed until the month end reset for that module is
completed.
Access
Only modules that are you licenced for need to have the end
of month reset completed.
- Bailment | End of Month Reset
- Call Saving | End of Month Reset
- Dealer | End of Month Reset
- Deposit | End of Month Reset
- Distributor | End of Month Reset
- Fixed Loan | End of Month Reset
- Insurer | End of Month Reset
- Lease | End of Month Reset
- Payable | End of Month Reset
- Receivable | End of Month Reset
- Unit Fund
| End of Month Reset
- Variable Loan | End of Month Reset
Process
The dialog will be presented with a display only field of
the month end that will be run.
Note: If this date is in the future, this indicates that the
module end of month process has already been run, and should not be processed
again.
Related Articles
Month End Processing Checklist
The significance of Month End Procedures It is important that checks are made at the time of month end reset, (usually the first working day of a new month) that will ensure the continued integrity of the systems. A brief description of each ...Understanding Month End Journals
Automatic Month End Journals When the month end process is run over an accounts module, a number of GL Journal entries are automatically created. For each Account Type that belongs to a module, the month end process will: Add the current ledger ...Setting Up and Running Batch Processing in Argos
Part 1: Understanding Batch Processing Problem Users need to run multiple reports or processes automatically — such as end-of-month resets, account status reports, and direct debit postings — without manually launching each one. Batch Processing ...Batch Processing Tasks
Tasks available for Batch Processing The following tasks are available to be run via Batch Processing for modules that you are licenced for Accounts Account Analysis Report Account Arrears Report (By Amount) Account Arrears Report (By Principal) ...View General Ledger Journals
Purpose Provide a list of General Ledger Journals that have been created by system processes or directly from the General Ledger. Any journal may be printed, showing the detail entries making up the journal. Access General Ledger | View Journals ...