Monthly Check List

Sales Ledger

No.	Complete	Details
1.	ð	Ensure all invoices have been created, posted and printed.
2.	ð	Ensure all cash receipts have been entered.
3.	ð	Print the Sales Daybook.
4.	ð	Print the Customer Ageing report  with invoice details and review entries
5.	ð	Print the monthly statements.
6.	ð	Print the Vat reports.
7.	ð	Update the Nominal Ledger.
8.	ð	Close the Sales Period.
9.	ð	Print the Sales Audit Trail for the Period.
	ð

Stock Ledger

No.	Complete	Details
1.	ð	Ensure all stock receipts have been entered.
2.	ð	Ensure all stock adjustments have been entered.
3.	ð	Print the stock valuation report by warehouse.
4.	ð	Review the stock reports against the physical count.
5.	ð	Amend any entries as necessary.
6.	ð	Update the Nominal Ledger.
7.	ð	Close the Stock Period.
8.	ð	Print the Stock Audit Trail for the period.
	ð

Purchasing Ledger

No.	Complete	Details
1.	ð	Ensure all invoices have been entered.
2.	ð	Ensure all cash payments have been entered.
3.	ð	Print the purchases audit trail.
4.	ð	Print the Supplier Ageing report and review entries.
5.	ð	Print the Vat reports.
6.	ð	Update the Nominal Ledger.
7.	ð	Close the Purchases Period.
	ð
	ð

Nominal Ledger

No.	Complete	Details
1.	ð	Review the monthly list of journals and ensure all are posted.
2.	ð	Reconcile the Bank account and make any amending entries.
3.	ð	Ensure all journals are posted, print and file the journal sequentially.
4.	ð	Print the profit and loss by period , review and make any adjusting journals if required.
5.	ð	Print and review the balance sheet.
6.	ð	Print and review the Trial Balance.
7.	ð	Reprint if necessary after any adjustments.
8.	ð	Close the Nominal Period.
9.	ð	Print the nominal audit trail.
	ð