In Ardex, the Month End process combines your Income and Expense activities for the previous billing period and generates Monthly Statements to send to your clients.
The Group Add function in Ardex is an efficient way to apply invoiceable services to a number of horses, and therefore your customers monthly statements.
In order to produce accurate statements, Month End in Ardex Premier draws on a number of processes including;
Bank Deposit information
Horse Procedures
Recording of transactions such as Agistment (via Group Add)
Ownership changes and adjustments
Credits
Prize money
Horse Sales proceeds
If your Group Add processes have not been recorded in Ardex, you are potentially undercharging your client. This can affect your own banking position, as well as inconvenience your clients if your Group Add charges come through beyond Month End.
For more information on the Month End process, consult the Ardex User Guide Month End Statements Guide.