Close To-do Types

ideally, the close process involves majorly 3 types of tasks, as mentioned below review of data (e g , entries w/o names, entries coded to wrong accounts, duplicate entries, etc ) month end entries/tasks (e g , record prepaid entries, depreciation entries, figure out accruals and make entries) reconciliation of the accounts (e g , reconciling every balance sheet account such as payroll payable, tax payable, loans, etc ) 3 types of close to do likewise, we've 3 types of close to do that you can create in xenett review point you can add review point as close to do from xenett's default review points library examples of such review points are duplicate entries, uncategorized entries, and entries posted to parent gl you also have an option to add a custom review point if you want to create your own close to do these are your general closing tasks, such as recording depreciation, accruals, prepaid entries, etc gl rec you can add your gl account as close to do and then manage reconciliation, and attach a working file watch this video that explains how you can create close to do and understand its different types