General Ledger Accounting Cycle

1. Open Period
2. Create Journals Manually / Import Journals from SLA / Reverse Journals
3. Post Journals to Update GL Balances and the Cube
4. Review GL Balances and Reconcile Balance Sheets
5. Run Revaluation for Foreign Currencies and Translate Balances (i.e. from UK to US)
6. Perform Consolidations 
7. Review GL Balances and Reconcile Balance Sheets
8. Run Financial Reports
9. Close Period