Close Accounting Period

This form will allow you to close the accounting period.

Prerequisites:

• It is recommended that a regular date of closing be used. Although the usual accounting period is monthly, the actual interval may be designated by the agency.
• When closing the accounting period, all of the CFMS client accounts are included.

Note: The accounting period must be closed to enable the printing of the account statements. See Print Account Statements.
All transactions made from the last closing date to the last full day prior to the date entered in the Date of Closing field, are included in the accounting period.

1. Go to: Avatar CFMS > Account Management > Close Accounting Period
2. In the Date Of Closing field, enter the date.
3. Click Submit.