Calculating the Monthly Financial Statement

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Accounting > Monthly > Financial Statement

Within the Financial Statement Screen:

1. Click the Choose Financial Statement dropdown and select the corresponding financial statement.

2. Click the Including Companies dropdown and select the corresponding company.

3. Click the Period dropdowns and select the month and year (the period selected is generally be the Open period).

4. Click the [Calculate] button.

• If the calculation returns as out-of-balance, review and make adjustments to correct it.

• If the calculation return is in-balance the Lock Open Period window opens.

  • Select [Yes] if the statement is complete.

  • Selecting [No] allows anyone to post to the open period.

    Note: The Close Period function must still be completed to finish closing the open period.

• The Year, Period, Companies, Employee, and Last Run Date fields are updated.

• Print as needed.

If your OEM requires you to upload your monthly Financial Statement to their site manually:

• Click the [Export] button to download the file to your PC for manual uploading to the OEM interface.

  • The Last DCS Date is updated with the date the Export was executed.

Note: There are no OEM Transactions or attachment records in VUE when you manually upload to your OEM.