End of Month/Period

Period Analysis & Closing

Period Analysis & Closing Video

We recommend all practices run the Period Analysis & Closing report to report on and close their financial periods.  By closing the period, you are locking the posting dates and ensuring that your financial statistics for the period never change. The closing process is not mandatory, but is highly recommended. To start the close, simply choose the date that will be considered the last posting date of the period.

• Closing a Period is typically done at the end of the month
  
• Closing locks the financials for the period by preventing the posting dates within the closed period from being used after the close.
  

Month End Worklists may appear after the closing date has been selected. These highlight issues that need to be resolved prior to closing.

1. All Reference Batches with post dates in the period must be closed. Click on the number hyperlink and click to close the batches.  
   
2. Receipts:  Click the number hyperlink, to be presented with a list of Receipts with Escrow.
   

1. Incomplete Charges in the Period either need to be completed or removed from the Period. Click the number hyperlink, to open the list, then...
   

• Click the Encounter number to complete the Encounter, or click Remove
  
• Clicking 'Remove' removes the Post Date from the Encounter.  The Encounter will receive a new Post Date when it is completed.
  

How do I re-open a Closed Period?

1. Click Summary> on the Period Analysis & Closing report page
   
2. Click the red X to re-open
   

• When saving a Report Filter, you can flag it as “Period End”
  
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• This makes it available when closing a Period