Month End Close

Document flow

1. Checklist
2. Depreciation
3. Close Period
4. Reopen if needed

Tutorials

1. Clear the pre-close checklist

   Everything that holds back the month's close is visible and cleared one by one.

   5 steps

2. Run the monthly depreciation

   The month's depreciation expense is posted for every active asset.

   3 steps

3. FX revaluation

   Foreign currency balances at month end are remeasured into rupiah at the latest rate.

   3 steps

4. Close the period

   The month is closed: COGS is posted and the month's reports stop changing.

   3 steps

5. Reopen a period

   A closed month is reopened for corrections, then closed again.

   3 steps