• Before beginning month end check that
  • horse ownership records are up to date
  • all procedures and movements have been recorded
  • external horse charges have been entered
  • agistment and training fees have been charged (group adds)
  • bank reconciliations have been completed
  • owner adjustments and sales proceeds are entered
  • Go to Finance > Month End to start the month end wizard
  • The statement date will be the last day of the month being reported
  • Validation Checks: Resolve all validation issues displayed before proceeding with month end
  • Check transactions then create invoices - resolve any horse ownership share issues
  • Check invoices created, at this stage changes can still be made if necessary
  • Apply Discounts: Click Process to apply owner discounts to eligible owners
  • Apply Interest: Click Process to charge interest on overdue accounts if necessary
  • Debtors Loans: Click Process to apply debtors loan balances to invoices generated
  • Create Statements: Click Create to create owner statements for the month
  • Validation Checks: Call Ardex if any validation errors display in this screen
  • Send Statements: First print all paper statements, then send all e-mail statements
  • Month End is complete, we recommend closing the period for data entry
Did this answer your question?