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³PE END OF PERIOD PROCESSING ³
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PE is used to archive the current data files and to prepare the
system for the new period.  In order to execute, all transactions
must be posted and the required financial statements executed and
balanced.

While running, the screen will indicate the program's progress. 
The first screen to appear is a WARNING message that describes the
procedure and tells the user how to abort the process in case of
accidental selection.

The first validation checks for unposted transactions.  If there
were modifications, deletions, or additions to the General Ledger
(Accounts Payable and Accounts Receivable if installed) transaction
files since the last execution of the financial statements the
following message will appear:


     'Unposted Transactions.  Need to run both Income
      and Balance Sheet.'


If one of the required statements was executed the message will
request the one still needed.  For example:


     'Income Statement ran.  Still need to run 
      Balance Sheet.'


Continuing, if both of the required statements were executed and
the balance sheet is balanced, a message will appear on the screen
defining the process to follow.


     'Updating account balances ...'


At this point, Files will be updated and backup copies made.  Once
done, the current Trial Balance is archived.  The name assigned is
composed of the 'AS OF DATE' of the current period and a two
character mnemonic indicating the file type.  For example, a period
ending May 31, 1985 will have an associated file archived as
T053186.  The user will be prompted for a new period 'AS OF DATE'
for each company in the system.


     'Please enter new period As of Date' 06/30/86 

If the new date is greater than the old period date, the repeating
entries are validated and transferred to the now empty GL
transaction file.  Any transaction with an account number that has
been retired or closed in the GL master will not be copied.

If the old period happens to be the end of the fiscal year, the
income statement accounts are "zeroed" out and the Trial Balance
updated for the Retained Earnings account specified in the SETUP
file.

Finally, the files are reindexed and control is returned to the
MAIN MENU.