Job Cost : Year-end Closing Procedures

 

 

 

New year files for jobs must be created before processing in NewYear. The Job Cost module is the only CertiflexDimension module with a separate option for creating new year files. This option is accessed by selecting >Maintain >Job Cost >Start New Year for Jobs.

The Start New Year for Jobs program will create a NewYear job file for all, or selected job(s). If you record a General Ledger transaction to a job in OldYear after NewYear files for the job have been created, you must re-close the job(s) fiscal year-end to reflect adjusted balances from OldYear in NewYear job reports.

NOTE: If you record a General Ledger transaction to a job in a prior year after NewYear files for the job have been created and you post JOB to ledger on a monthly basis you must also post job to ledger before you reclose the job(s).

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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