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You should close an accounting period on the last day of the month. Then, use the couple days after the closing day to make your required closing and adjustment entries.
You should make it so that once a period is closed, you cannot make entries to it. This will force them to enter the invoice in the month they receive them.
They should be adding invoices to accounts payable as they get them.
Thank you. It will be hard teaching an old dog new tricks, but unless this is done, any reports are meaningless. Should I go back into the G/L and adjust the posting periods for the year so far? Or does that just create unnecessary work? Should I just make the change at the end of this month and going forward?
I would just start the change now, going forward. What's done is done.
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