Period end reporting area

Accountants Enterprise with Practice Manager only

The Period End reporting area delivers reports that help practices in the process of closing their accounting periods at a period or month end. The reports detail unposted timesheets and bills (fees) that are preventing an accounting period to be closed. The reports from this area also detail a practice's tax obligations at the end of an accounting period.

When closing an accounting period at month end, the reports from this area can be used to identify any unposted timesheets or bills (fees) preventing a period from being closed.

The reports from this area also detail a practice's tax obligations at the end of an accounting period on both a cash and accruals basis.

Available reports

Report	Description
Accruals basis	The Accruals Basis reporting area is used to produce reports that contain bills (fees) from clients and suppliers by various tax rates and grouped by company. The reports from this area provide information the practice can use to produce tax reports. Closing a tax period automatically generates this report.
Cash basis	The Cash Basis reporting area is used to produce reports that contain allocated and unallocated receipts from both debtors and suppliers by various tax rates and grouped by company. These types of reports provide information the practice can use to produce their tax report. Closing a tax period automatically generates this report.
Unallocated cash receipts	The Unallocated Cash Receipts reporting area is used to produce reports that contain unallocated receipts for a specified period. Reports can be grouped by billing company and tax rate level. This report automatically generates if exceptions are found when closing an accounting period.
Unposted bills and timesheets	The Unposted Bills and Timesheets reporting area is used to produce reports that contain draft bills (fees) and unposted timesheets for a nominated period. This report automatically generates if exceptions are found when closing an accounting period.