AP Monthly Procedures Checklist

Yearly and Monthly Procedures are the same.

1. Verify that the Sales Month is closed in ICS
2. Review Month End Setup
3. Print necessary reports for A/P reconciliation.
   1. Select Options (Criteria) not specified should be left blank:
      • Detailed Aging Report from historic period through current expense period
      • Invoice Register for current expense period excluding prepaid invoices
      • Credit Register for current expense period including credit memos paid by check (from vendor); including write-offs
      • Check Register for current expense period.
      • \oided Invoices report for current expense period excluding prepaid invoices.
      • Voided Credit Memos report for current expense period including credit memos paid by check (from vendor).
      • Vendor Checks report for current expense period
4. Reconcile A/P
5. Purge Accounts Payable
6. Run Month End Processing