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Periodic accounting routines

There are tasks that you will need to do on a regular and recurring basis to keep your accounting system up to date. These may be daily, weekly, periodically or yearly.

For example, you can:

Post pending transactions at the end of the day.
Check your ledgers balance each week.
Run the finance charges routine to calculate interest on overdue accounts at period end.
Run the year end at the end of the financial year.

This section of help describes in greater detail what you can do daily or weekly, at period end, or at year end.

Note: These are recommendations and you must adapt them to your own business requirements.