Analytical Accounting

There are no separate steps to close A.A. as the year-end close process is automatically integrated with the year-end close process for General Ledger. However always verify AA data is accurate prior to closing the year.

The 2017 year end update includes a fix to a known quality issue related to balance brought forward accounts. If you are using A.A. and tracking balance sheet accounts please contact Prophet to install this update prior to closing the GL and thus closing A.A.