You may perform the following procedures as part of the year-end process:
- Post all cost transactions.
- Run the final billings and revenue recognition on projects for the year. You do this to make sure that the General Ledger module is updated before you run the year-end routine in the General Ledger module. After you do this, Project Accounting and General Ledger will reconcile more quickly and easily.
- Update the rate tables in the PA Position Rate Table Maintenance and PA Employee Rate Table Maintenance windows.
Article ID: 875116 - Last Review: 2 Nov 2013 - Revision: 1