AP199 - Vendor Balance Year End
Run AP199 (Vendor Balance Year End) at the end of the fiscal year to
establish new vendor group period ending dates for a vendor group and transfer
current year vendor balances to last year. Vendor group period ending dates
are used to track vendor purchase and payment balances by period and year
within the Lawson Accounts Payable system. Establishing new period ending
dates is the only year-end closing function of the Lawson Accounts Payable
system.
The system lets you enter invoices for the new year before you run AP199.
Invoices with invoice dates in the new year are temporarily held in a 14th
period balance field. When you run AP199, 14th period balances are transferred
into the first period of the new year.
Before you run AP199, make sure:
* All invoices for last year are released.
* All cash payments for last year are updated by AP170 (Payment Closing).
* All bill of exchange payments for last year are updated by AP180 (Bill of
Exchange Cashing Update).
* All invoice and tax distributions are updated by AP175 (Invoice Distribution
Closing).
* All bill of exchange distributions are updated by AP185 (Bill of Exchange
Distribution Posting).
* All invoices for voided payments are reinstated through AP190 (Invoice
Reinstatement).
* All company-paid employee expense distributions are updated by EE175
(Company Expense Posting).
* All cash ledger transaction distributions are updated by CB175 (Bank
Transaction Posting).
If you run AP199 before releasing invoices and running these programs for last
year, the transactions for these invoices and payments post to the Period One
balance of the new year.
Run AP199 after the last period end date of last year and before the first
period end date for the new year. If your fiscal year is the calendar year,
run AP199 after December 31st and before January 31st.
Note: AP199 updates AP00.1 (Vendor Group) with the new fiscal period end dates
you define in AP199.
Updated Files
APMONITOR - Creates and deletes monitor records.
APVENBAL - Updates last year and current year vendor balances.
APVENGROUP - Updates vendor group balance calendar.
CKPOINT - Updates check point record.
Referenced Files
APCOMPANY - Validates company.
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