Have you started planning for Year-End?

Are you a seasoned user with past Lawson year-end experience? Then you can use our checklist as a tool to integrate with your established procedures.

Is this your first Lawson year-end? If it is, then you can use our checklist as your starting point to guide you through the process.

Our extensive experience has enabled us to compile the following helpful tips:

HR/Payroll Year-End
* Order W-2 forms
* Order additional tax forms
* Visit Lawson's customer support site for year-end changes
* Plan your year-end schedule
* Update employee non-cash and imputed income balances
* Attend Lawson year-end training classes
* Run balancing reports and make necessary adjustments
* Visit BSI's customer support site for year-end changes

Financial Year-End
* Processing requirements for 1099s
* Scheduling of year-end events and tasks
* Updating tax rates and tables
* Managing the uploading of budget details

For a complete list of Financial Year-End tasks, click here.

Procurement Year-End
* Run the standard period and subsystem closing procedures. On IC190 for the
   final period, define period end dates for the new year.
* Review IC125 Standard Cost Valuation.
* Review all purge programs for the Procurement applications you are
   running.
* A year-end inventory count and valuation should occur the final month of the
   fiscal (not calendar) year. This is strongly recommended from a business
   perspective because you can validate stock items and the present value of
   assets.

For a complete list of Procurement Year-End tasks, click here.

For more information or to speak with a JAT representative, click here.