Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

How long does it take you to finish the year end closing ? Can you share your experience and the best practices you follow to achieve timely closing?

Accounting Auditing Cost Accounting Financial Accounting Financial Management
user-image
Question added by Mohammed Hussain Shah , Finance Manager , Al-Naba Contracting Co. Ltd
Date Posted: 2014/12/24
Upvote (0) Views (2) Followers (1) Answers (2) Report Question
Write an Answer
Register now or log in to answer.
Luigi Bosco
by Luigi Bosco , Contract Manager for Region Mediterranean and North Africa , ERICSSON IT SOLUTION & SERVICES SpA

In Italy we've time 6 months (up to the end of June of year +1 to close the yearly balance. However, for some process (like invoicing) we've time upto the end of the year.

ايمن محمد عاطف محمد
by ايمن محمد عاطف محمد , Director of the control and regulation unit , ACOLID

In the case of regularity in the daily registration and preparation of quarterly financial centers can prepare the locks on the third day of the new year

Write Your Answer
More Questions Like This