In this phase, you will be finalizing period-end in your legacy system and recording all transactions dated post-Go Live in R365 moving forward.
Goals
- Ending balances in legacy system match starting balances in R365
- As of one day prior to Go Live (e.g., November 30th if live on December 1st)
- Bring over starting balances
- Open AP and AR Transactions from your legacy system
- When: Before you need to cut checks and when the transactions are finalized
- Uncleared Bank Transactions from your legacy system
- When the last bank reconciliation is finalized in your legacy system
- GL History
- Open AP and AR Transactions from your legacy system
- Begin following DWM tasks to maintain transactions in R365
- Understand Beginning Balance Inventory Count process in preparation for the first count completion (if applicable)
What to prepare for next?
- Closing current period in your legacy system
Additional Resources