When closing your period end in Tali, you can generate an Account Summary report for the period end.
You can preview the report, or you will see it when you create a draft period end.
1. Select Administration > Period End.
2. Select the period end Date To.
3. Click Preview.
Section 3 in the report will display any transactions that are either waiting to be paid in (Amounts owing to the Fund at Period End) or those that have been paid in but have yet to be reconciled (Amounts owed by the Fund at Period End).
Draft Period End (Recommended)
When you create a draft period end, the opening balances are locked (draft) ready for close-down and entering transactions (e.g. reconciling, or paying-in etc) will not alter these opening balances unless you have cancelled the draft period end. For more information, see the Article, Period End.
Cancel the Draft Period End if required
Select Administration > Period End Closedown.
Select Report in the Account Summary report in the Archive section.
Note: The draft period end has NO entry in the Closed column.
Click Cancel Draft Closedown at the bottom right-hand side of the report.
Amounts owing to the Fund at Period End
Transactions listed under Amounts owing to the Fund at Period End refer to cheques that have not been paid into the bank. You can see these by going to Bank & Cash > Pay Income To Bank.
You can pay any outstanding cheques into the bank on a playing in slip. This will then clear the transactions down and remove them from your Period End reports. For more information, see the Article, Pay Income to Bank.
Amounts owed by the Fund at Period End
Transactions listed under Amounts owed by the Fund at Period End refer to transactions that have been paid into the bank but have not yet been reconciled. You can see these by going to Bank & Cash > Bank History and selecting Unreconciled from the Status drop-down.
Reconcile these transactions if required. For more information, see the Article, How do I reconcile all my banks for period end?