• Overview
• Verifying the year end date in the Company Profile
• Verify that the WIP opening balance agrees to last year's closing
• Verifying that the receivable balances match
• Verifying that the staff standard and work code rates have been increased

Verifying that the receivable balances match

1. Open last year's file.
2. While on the Document Manager, scroll down to find the Accounting documents folder.
3. Open the folder and then the Reconciliations subfolder. The Receivable Reconciliation report is in the Reconciliations Other folder.
4. Double-click to view the document.
5. On the File menu, click Print.
6. Open last year's file.
7. Repeat steps 2 and 3 to find the Receivable Reconciliation report for last year.
8. Double-click to view the document.
9. On the File menu, click Print.

The closing balance on the report from the previous year's file should match the opening balance on the report from this year's file.