How do I set up Management Account Periods?
Article ID
ias-12190
Article Name
How do I set up Management Account Periods?
Created Date
8th December 2015
Problem
How do I set up Management Account Periods?
Resolution
Users who have not previously produced Management Accounts using IRIS Accounts Production should complete the Management Accounts Tutorial which can be accessed by click Help | Tutorials from within IRIS Accounts Production.
To specify the Management accounting basis
Select Edit | Management Accounting Basis
Choose the required basis and then click Select.
To begin posting
Select Posting | Post
On the ‘Specify Posting Batch Screen’ tick the Management Accounting‘ box and specify a Default posting date (clicking on the magnifying glass will display the Management periods, select the period you wish to post into).
Note: To start Posting into the next management period select Batch Control followed by New, tick Management accounting and select the Default posting date as above.
Choose the required basis and then click Select.
On the ‘Specify Posting Batch Screen’ tick the Management Accounting‘ box and specify a Default posting date (clicking on the magnifying glass will display the Management periods, select the period you wish to post into).
Note: To start Posting into the next management period select Batch Control followed by New, tick Management accounting and select the Default posting date as above.
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