Acumatica Pro Tip: Keys for a Successful Acumatica Year End Closing

Written by Laura Schomaker
Published on December 19, 2019

As anyone who works in an accounting role can attest, the end of one calendar year and the start of the next are some of your busiest times of the year. There’s one simple reason for this. It’s called year end closing. No matter what accounting system you use, there are certain tasks you must do to close out one year and open another. And while many of the general principles remain the same no matter which accounting software you use, each one handles parts of the process differently than the rest. That’s why, last week we brought you our year end close guide for Dynamics GP users, and this week we bring you one for Acumatica users. Just like last week’s was chock-full of handy tips and tricks for Dynamics GP users, this one has everything you need to know to make your Acumatica year end close a success.

Acumatica Year End Closing Guide: What’s inside?

Great question! Inside our Acumatica year end closing guide, you will find virtually everything you need to close out your 2019 books successfully and start with a fresh slate in the new year. It includes:

  • A general overview of the Acumatica year end closing process (with a checklist you can use to mark off tasks as you go).
  • Instructions on how to close a period in Acumatica
  • How to close periods in each of the most common subledgers:
    • Accounts Receivable
    • Accounts Payable
    • Cash Management
    • Fixed Assets
    • Taxes
    • Inventory
  • Detailed instructions on how to close out your general ledger (with checklist)

What are you waiting for? Get your copy now. You’ll be glad you did when you can finish your Acumatica end closing ahead of schedule. Imagine giving yourself the gift of more time to enjoy the holiday festivities and to rest after the whirlwind has died down.

Cheers to a successful 2019 year end close for all of our Acumatica clients. If you need hands-on help, be sure to contact us right away. Just like yours, our schedule fills up quickly this time of year.

If you don’t have an Acumatica partner, but are looking for one that delivers great personal service. Look no further than Intelligent Technologies Inc. See why so many businesses count on us for their technology needs.

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About the Author

As the head of marketing for Intelligent Technologies, Inc., my goal is to educate our current and prospective customers, helping them to navigate the complex technology buying process. If you have questions about our products and services, or would like to learn more about working with us, let me help you get connected to the right person. Message me via the chat window on our website or call (336) 315-3935 x5007.


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