Introduction to the Nominal Ledger and Associa - Flipbook - Page 140
Weekly Checklist
1. All daily tasks must be carried out.
2. Produce a credit chase list from the Sales Ledger and follow up outstanding items.
3. Produce a follow up list from the Purchase Ledger Invoice Register and chase outstanding invoices.
4. Produce an Aged Debtors report from the Sales Ledger and investigate any unallocated cash.
5. Produce an Aged Creditors report from the Purchase Ledger and investigate any unallocated cash.
6. Reconcile the Deposits account (usually d9997).
7. Produce Profit and Stock reports from the Vehicle Stock Book system.
8. Check Work in Progress (WIP) report from End of Day.
9. Check the Goods in Suspense (GIS) account(s). It is possible that there are three, Parts, Sub-Contract
and Vehicle Stock Books.
10. Check ANY error postings, investigate and resolve.
11. If available, reconcile the Nominal Ledger Bank Account to the Bank Statement, if not being done daily.
12. If weekly payroll is being run, ensure that the
