• Publish date: August 31, 2021

  • Last update: July 29, 2022

Available languages

English

In this course, you’ll learn how to close the period and the fiscal year using the unique process in SunSystems V6.4. You’ll also understand the accounting period close and what needs to be done at the end of the fiscal year.

About this course

Infor SunSystems V6.4 Hotel Core Period Closing

Are you ready to dive into the intricacies of period closing and fiscal year-end procedures with HC-5 TRG Hotel Core Period Closing? In this comprehensive course, you will gain a deep understanding of how to close the period and fiscal year, as well as the unique way that SunSystems handles these critical tasks.

With our guidance, you will learn everything you need to know about the accounting period close, ensuring that your financial statements are accurate and up-to-date. We will also cover what you need to do at the end of the fiscal year, so you can prepare for a successful audit and avoid any potential issues.

It is important to note that SunSystems has a distinctive approach to period close that may differ from what you are used to with other systems. That is why this lesson is so critical.

Don't miss out on this opportunity to enhance your financial expertise and master the intricacies of period closing in this HC-5 course. Enrol and start sharpening your SunSystems skills today!

Why take this course

  • Learning how to close the accounting period and fiscal year is essential for any business, especially those in the hospitality industry, to ensure accurate financial reporting and compliance with accounting standards and regulations.

  • Closing the accounting period and fiscal year is crucial for identifying errors, preparing financial statements, and making informed financial decisions. By completing the HC-5 Infor SunSystems V6.4 TRG Hotel Core Period Closing course, you will gain the knowledge and skills necessary to perform these tasks accurately, efficiently, and effectively, improving the overall financial health of your hospitality business.

In this course, you will learn…

HC-5 TRG Hotel Core Period Closing is a crucial course that teaches you how to close the period and the fiscal year the SunSystems way. This is a vital lesson to cover to ensure that you are equipped with the knowledge needed to handle period close effectively.

Course curriculum

    1. Welcome

      FREE PREVIEW
    2. Lesson Note

    1. Introduction to Month End process

      FREE PREVIEW
    2. Close Month End

      FREE PREVIEW
    3. Run Held Journals Listing

    4. Hands-on: Month End process (Journal Held Listing)

    5. Post Held Journals

    6. Clear Held Journals

    7. Hands-on: Month End process (View, Select, Post, Clear a Held Journal)

    8. Process Payments

    9. Hands-on: Month End process (Process Payment)

    10. Match an AP Payment with an Invoice by Account Allocation

    11. Hands-on: Month End process (Match an AP Payment with an Invoice by Account Allocation)

    12. Match an AR Payment with an Invoice by Account Allocation

    13. Hands-on: Month End process (Match an AR Payment with an Invoice by Account Allocation)

    14. Reconcile Bank Accounts

    15. Hands-on: Month End process (Bank Reconciliation)

    16. Asset Depreciation Calculation

    17. Hands-on: Month End process (Asset Depreciation Calculation)

    18. Mark Fixed Assets for Disposal

    19. Hands-on: Month End process (Mark Fixed Assets for Disposal)

    20. Asset Disposal

    21. Hands-on: Month End process (Asset Disposal)

    22. Maintain Monthly Exchange Rate

    23. Hands-on: Month End process (Maintain Monthly Exchange Rate)

    24. Ledger Revaluation

    25. Hands-on: Month End process (Ledger Revaluation)

    26. Trial Balance - Standard

    27. Hands-on: Month End process (Trial Balance - Standard)

    28. Profit and Loss

    29. Hands-on: Month End process (Profit & Loss)

    30. Balance Sheet

    31. Hands-on: Month End process (Balance Sheet)

    32. Changing Period

    33. Hands-on: Month End process (Change Period)

    34. Close the Financial Year

    35. Hands-on: Month End process (Close the Financial Year)

    36. Learning check

    1. Introduction to Year End process

      FREE PREVIEW
    2. Post Year End journals

      FREE PREVIEW
    3. Hands-on: Year End process (Post Year End journals)

    4. Learning check

    1. What happens next?

    2. Help Us Improve Your Learning Experience

About this course

  • 44 lessons
  • 1 hour of video content
  • 7 hours to complete
  • Published: August 31, 2021
  • Updated: July 29, 2022

Certificate Validation

URL validation will help you easily add your earned certificate to your profile.

More Reviews

What other students say

Try for 7 days

Subscribe now and get instant access to all courses.