About

The End of Period Processes are used to designate "Periods of Trade" in the venue.  Running these processes regularly and in a timely manner will provide accurate reporting periods for the trade in the venue.  Reports are available in Sysnet by date and by period.  Period reporting allows for trade which may have occurred across more than one day.

 

The End of Period processes are found in the Processing menu but can be set to run automatically via a Time Switch in most instances. Click here for more information on Time Switches.

 

End of Shift

Used to clear the totals for a particular location, to designate different periods of trading, much the same way as a "Z-Reading" would on a cash register.  An End of Shift Time Switch may be set to automatically run at a specified time (generally overnight after trading has ceased).

 

End of Day

A total of all of the shift reports (End of Shift) since the last End of Day.  It clears the figures and resets the day.  

The End of Day process is usually set to run automatically via a Time Switch after the End of Shift process.

 

End of Week

A total of all of the shift reports (End of Shifts) since the last End of Week and clears the week-to-date total figures.  As a minimum H&L recommend setting the Cash Balance and Revenue Breakdown Reports to print automatically as part of this process.  It is also recommended that a Profit Report and a Cost of Goods report be printed after the End of Week procedure has been performed.

 

End of Month

A total of all of the shift reports (End of Shifts) since the last End of Month and clears the month-to-date figures.  End of Month is a very powerful procedure and should include tasks such as Stock Invoices, Transfers, Stocktakes, Debtor Statement generation and Age Debtors before the End of Month is performed.  Click here to read more about the End of Month process.

 

End of Year

Again a very powerful procedure, this should be completed by the venue to close out their financial year.  There are a number of steps which must be completed in order before the End of Year function is performed.  H&L prepare a checklist each year as a guide for customers to step them through the End of Year procedures.  Please contact your local H&L Office to obtain a copy or our Support Team on 1300 797 638.