The Closing of accounts tools allow you to create financial statement for an association or an apartment house company. The Closing of accounts tools are intended as tools for creating the desired financial statement. The balance sheet specifications can be found in the Accounting section. The balance sheet specifications are not created in the Closing of accounts tools view.
Closing of accounts tools
The Closing of accounts tools can be found in section Accounting > Closing of accounts tools.
In the view, the Fiscal period being edited field shows, for which fiscal period you are closing accounts. The Fiscal period being edited is always the oldest open one. Thus, the Balance sheet and Balance sheet specifications must be created before closing the fiscal period. The Last update field shows when the report database was updated the last time.
Buttons in the upper panel
The Printable financial statement opens financial statement in Word or PDF format.
The Export financial statement to archive button creates financial statement in the Procountor electronic archive Accounting > Archived financial statements.
The Export from file to archive button allows you to archive financial statement created by you. The file format of your own financial statement is not limited.
The Update reporting database button updates the database used in the reporting tools. The database is updated automatically every night. If you have entered or edited receipts during the day, you must update the database to have up-to-date information available.
NOTE! The closing of accounts tools select all transactions to the search results. Thus, you must not leave any such transactions in the fiscal period that are not business transactions. This is how it differs from Accounting reports, which by default select business transactions only.
Components of the closing of accounts tools
The closing of accounts tools contain three sections. The Financial statement template section is used for editing financial statement, in the Financial statement parts section you can create and edit the income statement and balance sheet to be included in the financial statement, and in the Other closing of accounts tools section you can create and edit balance sheet specifications and list the open invoices at the closing of the fiscal period.