sneaky pete
Member
Hello
Do you post to ledgers at the end of the 'accounting cycle', or at another time?
An example: Say our accounting cycle is from the 19th to the 19th of each subsequent month, would we add our journal totals and post to ledgers on the 19th of each month? Or at the end of each month?
Do you post to ledgers at the end of the 'accounting cycle', or at another time?
An example: Say our accounting cycle is from the 19th to the 19th of each subsequent month, would we add our journal totals and post to ledgers on the 19th of each month? Or at the end of each month?