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Accounting Business Solutions by JCS has released the Sage 50 Month End Checklist for small businesses. The document offers tips, tricks, and recommendations for better preparation and outcomes on both month-end and year-end closes.
More information is available at https://www.jcscomputer.com/Sage-50-month-end-close-checklist
The company’s latest publication aims to make a complicated accounting process simpler for Sage 50 users.
Month- and year-end closes involve reviewing, reconciling, and verifying all financial transactions from the past fiscal period. These activities are considered difficult and time-consuming, especially by many small businesses with limited resources, which often lead to their postponement.
The Sage 50 Month End Close Checklist can help business owners and accounting teams ensure that no entry or detail is missed. It lists the most important transactions that must be recorded before closing the period, such as invoices, customer cash receipts, journal entries, and inventory adjustments.
Further, the company offers a concise guide on the steps needed to complete the close, such as the type of reports to produce and review, how to reconcile these reports to the general ledger, and how to perform the close and move to the next accounting period using Sage 50.
In addition, Accounting Business Solutions by JCS offers information on backing up data and fixing erroneous entries, such as rounding errors.
The company stated that the checklist can help businesses to become more profitable, as it can fast-track both the monthly and annual closing processes.
“With answers to many common questions on how to use the Sage 50 software in monthly and annual closes, the JCS Sage 50 Month End Checklist is an asset to every small business owner looking to leverage the full capabilities of this powerful software,” a company spokesperson stated.
About the Company
Since 1987, Accounting Business Solutions by JCS has been providing Sage software training courses to companies across the US. Its team of certified Sage 50 consultants is well-versed in various aspects of the software, including inventory management, manufacturing, data repair, and third-party integrations, among others.
Interested parties can access the Sage 50 Month End Checklist by visiting https://www.jcscomputer.com. For further assistance, they can call 800 475-1047 to speak with a certified consultant.
Contact Info:
Name: Jennifer Obrien
Email: Send Email
Organization: Accounting Business Solutions by JCS
Address: 778 W Algonquin, Arlington Heights , Illinois 60005, United States
Phone: +1-800-475-1047
Website: https://www.jcscomputer.com
Source: PressCable
Release ID: 89079985
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