It is a normal procedure to close the books on a monthly basis. After closing the management reports will be generated without any possible changes.
In several programs in E-Hors it needs to be checked if the books are closed.
E-Hors has 2 features:
- Month Closing, which closes a particular month as well as earlier months if not closed yet. A month can be re-opened by staff having level 4 at least. If the month of January until September are still open, and you closes the month of September, the month of January until August will also be closed.
- Click the"add new record".
- Select the month that you want to close.
- Select the year.
- Close status will immediately appear.
- Select the "month" period.
- Click Submit when done.
- months that were closed and can still be edited will have an edit icon.
- Click on the edit icon, and change the status from close to open, or open to close. Opening a month will only open the selected month.
- Year Closing, A year closing cannot be re-opened anymore. It is therefore advised to close the year once the annual reports have been generated and approved. A year closing resets the P&L accounts. Reset P&L accounts is a procedure in which each account is set to zero with the counter account retained earnings, which is accountID EHORS-009.
- Click the "add new record".
- Select the year that you want to close.
- Select the "year" period.
- Click Submit when done.
