Master Year-End Close in Acumatica: Your 2025 Checklist

Описание: A comprehensive walkthrough of the Acumatica year-end closing process with presenter Justin Sanchez. The session covers critical year-end updates for 2025, including important changes to 1099 reporting requirements for golden parachute payments and state filing requirements for Oregon and Missouri.

Justin demonstrates the step-by-step process for closing each subledger module, starting with accounts payable where he shows how to review and release unreleased transactions, revalue multi-currency vendors, and reconcile AP subledger balances against general ledger accounts. The presentation continues through accounts receivable, covering overdue charge calculations, auto payments, dunning letters, and customer statement processing. The banking and cash module section demonstrates bank statement reconciliation and the use of bank transaction rules for automated matching. For inventory, the session covers historical valuation reports and the importance of running monthly recalculation processes. The fixed assets module walkthrough includes converting purchases to assets and calculating depreciation.

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