Module 7 · Advanced · 8 lessons · about 72 min
Month-end close and financial statements
A month-end routine in Zeyto: checks, accruals, depreciation, the Trial Balance, P&L, Balance Sheet, cash flow and year-end.
What you will be able to do
- Run an ordered month-end checklist and use Day End to find open items
- Reconcile cash and bank and check customer, supplier and stock balances against control accounts
- Post accruals, prepayments, payroll and depreciation in the right month
- Read the Trial Balance, Profit & Loss, Balance Sheet and Cash Flow and check they tie
- Describe what Fiscal Years and Year-End Close do
Lessons
- 1. The month-end checklist and Day End 8 min
- 2. Cash, bank and petty cash checks 8 min
- 3. Customer, supplier and stock checks 9 min
- 4. Accruals, prepayments and payroll 10 min
- 5. Fixed assets and depreciation 8 min
- 6. The Trial Balance and correcting errors 9 min
- 7. Profit & Loss and the Balance Sheet 10 min
- 8. Cash flow, liquidity and year-end basics 10 min