Month and Year End Processes

Overview

This section contains applications generally used at Month and Year End.

MEPACT - Request Month End
Procedures What is MEPACT MEPACT is a process that initiates the delayed activation of the full MEP. MEPACT is designed to activate the operation of month-end-process at a time when the interruption of business running ...
MEP - Month End Procedures
What is MEP MEP can be activated from MEPACT to run as a delayed background program or it can be actioned online. Although the program performs several functions, the user only interacts by starting it. ...
YEP - Year End
What is YEP At the end of every financial year, after closing period 12 with either MEP or MEPACT, the period 13 is automatically opened. This period is the Year End Adjustment period, known as ...
FREEZE - Freeze Trading Databases
What is This procedure is used to take a snap-shot of all the trading databases at a regular cutoff time. This is needed to facilitate ease of processing for the financial management to produce their ...
RECALC – Recalculate FREEZE values

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