Hello all,
We are in the midst of beginning our Year-End close planning and prep. This is our first year using Lawson. Would anyone mind sharing experience, advice, example checklists, etc.? Any recommendations would be useful! Thank you.
Year End for SCM is not very different than a regular month end here.
Procedurally at month end close, the only difference is the IC190 report. You will need to populate the month end dates for the following year.
Here is the checklist I use. It is applicable to both month-end and year-end close (only change is in IC190)
[View:/cfs-file/__key/communityserver-discussions-components-files/12/DHS-Month-End-Close-Checklist.xls:320:240]
[View:/cfs-file/__key/communityserver-discussions-components-files/12/Month_2D00_end-close-instructions.xlsx:320:240]
Here are our steps for PO and IC month end and year end. The only thing that changes is IC190. Screen shots are included on the tabs.