How do I close a month in Evo-ERP or DBA?
There is actually nothing required to close a month prior to making entries in the next month. Unlike many other systems, Evo-ERP/DBA is simply a date based system. The date of a transaction determines the accounting period it will fall into. You can prevent posting to a prior period by setting the Close Date in AM-A to the first date of the current open period and all transaction entries dated prior to that date will be prohibited. Unlike many other systems, however, the closing of a period is not irreversible. A period can be reopened by simply changing the Close Date, making the necessary adjustment posting to the prior period, and then resetting the Close Date. This can include prior years as well as prior months in the current year. Although there is no formal closing procedure required before work can begin in a new month, good accounting practice does call for running certain reports and confirming that General Ledger balances agree with subsidiary reports. The beauty of the sys
