Month End Processing

Navigation tips: ACCOUNTING -> MONTH END PROCESSING.

In Wavelet EMP, transactions created at different modules will generate journal transactions automatically. For trial balance, users could generate the report on a real time basis. However, for Profit and Loss Statement, users will have to perform the Month End processing to transfer all temporary general ledgers (revenue and expenses) to the P&L General Ledger. This step was designed to allow Wavelet generates multiple P&L for multiple years, multiple outlets (heavy transactions) within seconds.

Since there's only one button to click for this module, it is very easy, and users could hardly make any mistake while using this function.