Get the free FY 17 Year-End Close &

Nyu. edu/content/dam/nyu/financialOperationsTreas/documents/forms/FY17acc1000. pdf Submit bank account reconciliations to the Office of the Controller where appropriate. Nyu. edu/employees/resources-and-services/financelink/accounting-and-reporting/financial-statements. JEMS accepts FY18 JEs for Period 1 September FY18 budgets available in UDW reports Last WK / BW / MO / SMEE payroll for later than 9/1/17 LABOR DAY All P-card charges for 8/31/17 must be reviewed and approved 8/31/17 posted in...

How to fill out fy 17 year-end close

How to fill out fy 17 year-end close

1. Step 1: Gather all financial records and statements for fiscal year 2017.
2. Step 2: Review and reconcile all income and expense accounts to ensure accuracy.
3. Step 3: Perform a physical inventory count and update inventory records.
4. Step 4: Close all revenue and expense accounts by posting necessary adjusting entries.
5. Step 5: Reconcile all balance sheet accounts, including cash, accounts receivable, and accounts payable.
6. Step 6: Generate financial statements for FY 2017, including income statement, balance sheet, and cash flow statement.
7. Step 7: Review and analyze financial statements for any discrepancies or inconsistencies.
8. Step 8: Prepare supporting documents for year-end audit, if applicable.
9. Step 9: Obtain management approval for the finalized FY 2017 financial statements.
10. Step 10: Archive and store all financial records and statements for future reference.

Who needs fy 17 year-end close?

1. Companies and organizations that follow a fiscal year ending on December 31st.
2. Accounting departments responsible for accurate financial reporting.
3. Auditors or tax authorities who require year-end financial statements.
4. Shareholders or investors looking for a comprehensive view of the company's financial performance.
5. Government agencies or regulatory bodies that oversee financial compliance.
6. Business owners or executives seeking insights into the company's financial position.

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What is fy 17 year-end close?

FY 17 year-end close refers to the process of finalizing financial records and activities for the fiscal year 2017.

Who is required to file fy 17 year-end close?

All companies and organizations that operate on a fiscal year basis are required to file FY 17 year-end close.

How to fill out fy 17 year-end close?

FY 17 year-end close must be filled out by gathering all financial data and records for the fiscal year 2017 and submitting them according to the guidelines provided.

What is the purpose of fy 17 year-end close?

The purpose of FY 17 year-end close is to accurately reflect the financial performance and position of an entity for the fiscal year 2017.

What information must be reported on fy 17 year-end close?

FY 17 year-end close must include financial statements, profit and loss statements, balance sheets, and any other relevant financial information for the fiscal year 2017.