NetClose - Generate Close Checklist

Overview

Before each close, the close checklist will need to be generated for the period. This can be done manually or automatically on a scheduled basis. This article provides instructions for generating the checklist manually.

Prerequisites

The close task templates must be created before the month-specific tasks can be created. Refer to the guide on how to create close task templates for detailed instructions.

Step-by-Step Process

  • Navigate to NetClose > Close Management > Generate Close Tasks
  • Adjust the filters as needed to display the list of tasks available for generation.
    • Tasks will be generated for the accounting period selected in the Period filter.
    • By default, the Frequency filter will populate with the following frequency types based on the selected period:
      • Any month: Includes Monthly and Weekly tasks
      • Final month of a quarter: Includes Monthly, Weekly, and Quarterly tasks
      • Final month of the fiscal year: Includes Monthly, Weekly, Quarterly, and Annually tasks
    • If applicable, the Other frequency must be manually selected.
    • Frequency filters can be manually selected or deselected as needed for each period.

  • To select tasks for generation, either click the checkbox in the dark header bar to select all tasks, or individually select tasks using the checkboxes beside each one. Once selected, click Submit to proceed.
  • Refresh the page until the processing job is complete. Once finished, the generated tasks will be listed, and the execution status for the processing job will show as Complete:

  • After processing, the generated tasks can be found in NetClose > Tasks > Prepare Close Tasks. Refer to the guide on preparing and reviewing close tasks for further details.
  • Additionally, the generated tasks will appear on the task board or task list under NetClose > Tasks > Task Board or NetClose > Tasks > Task List, respectively.

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