I am wanting to close my month off early due to Christmas, what should I do?

Question: 

I am wanting to close my month off early due to Christmas, what should I do?

 

 Answer:

Dates are important in Palace so there are some place to take special note of:

 

But first: You may want to think about just paying out your owners prior to the 24th and then doing a month end when you get back in January. (Just remember do not receipt any January dated receipts until you have rolled the month over)  

If you are paying out Early:

Follow the normal Month End process, when you get to any payment screen, make sure you change the date to show yesterdays date. i.e if you are doing it on the 24th, make sure the date says the 23rd. See the example below for Owner Payments

When the pop up comes up for Owner Payments - change the date (Or Creditor Payments, Ledger Payments and Agent payments)


When you get to Statements - click into Options and change the date there - see below

And then the last place and the most important of all is the actual month end close off screen'  See below


PLEASE NOTE:  In January from the 24th, you will get a warning that you are operating outside of the month end dates, this is because Palace is assuming your month is going to finish a month after you last closed off. e.g 23rd December. Just ignore the message and close month as normal.

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