ACS Year-End Closing

When Do Modules Close? Getting Ready for Year End ModuleMonthYear Contributions Accounts PayableX PayrollX Accounts PayableX Fixed AssetsX General Ledger (close months 1-11) XX

Path to Closing Finish the Work 1 2 Print the Reports 3 Make a Backup Close the Module 4

Forms and Supplies Contributions Statements Charitable Contributions Reports Form 1099s Form W-2s Window Envelopes

Year End Tasks Contributions Reassign envelope numbers Flag arrears pledges Enter next year’s pledges Print Statements/Charitable Contributions Reports

Year End Tasks Accounts Payable Print the YTD Purchases List Print 1099 Forms Print 1096 form

Year End Tasks Download ACS tax update (if you are not using Ondemand) File Form 941 Print W2 Forms Print W3 form E-file Payroll

Year End Tasks General Ledger Perform a backup Perform Year End Procedures Enter next year’s budget

Wrap-up/Future User Group Meetings Recommendation for next meeting: First Quarter Host Volunteers Core Team Member Volunteers

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