Month End Processing

Consolidated Summary Month End Processing Reimbursable Expenses Bulk Checks Donor Recognition November Report Preview  PayPal General Ledger
1. Record Income and Expenses

Create Consolidated Income and Expense Report. (Excel worksheet template.) posted as detail to the transaction summary.

Record Income and Expenses
2. Record Reimbursement Expense

Create reimbursement Expense Report. (Excel worksheet template.) This information is not posted as detail to the transaction summary.

Record Remimbursement Expense
3. Record Interest Income

Create consolidated interest Report. (Fidelity report, bank statement, excel worksheet template.) posted to TS as detail.

Record Interest Income
4. Reconcile Bank Statement

Create Bank Reconciliation. Bank Statement) not posted as detail to the transaction summary.

Create Reconciliation Report
5. Update General Ledger

Update G/L Account totals - Update affected accounts. Verify all monthly summaries are updated.

G/L Accounts
6. Update Account Summaries Section

Update Fidelity, Rockland Trust, and Citizens bank balances for current month.

Account Summaries
7. Generate Treasurer's Report

Create report PDF for distribution.

Treasurer's Reports