Allocating unallocated entries before running the End Of Year
After running the end of year in SFM, all outstanding entries including unallocated entries are brought forward to the new financial year. To minimise the number of these outstanding entries we suggest that one goes through all the entities that have unallocated entries and allocate them (when possible) before running the end of year.
SFM has a tool (available both in the sales and purchase ledger) that cycles through all the entities that have unallocated entries and enable you to allocate them. Below are instructions on how this is done.
1. Select the first entity in the Grid.
2. Click on the Posting Button.
3. Select "Unallocated Entries" option.
4. Press "tab" on the keyboard twice.
5. If no allocations are to be done on this entity, click the 'Next Entity'.
6. Allocate the unallocated entries of the current entity.
7. Update the allocation.
8. Click the 'Next Entity' to load entries of the next entity that has unallocated entries.
9. Repeat Steps 4 to 8.
9. Repeat Steps 4 to 8.