Year-end can be an overwhelming time as you manage deadlines, prepare reports, and try to make sure nothing gets missed before the calendar flips. In the midst of an already busy season, don’t forget that Deltek Vantagepoint has a few important requirements to officially close out this fiscal year and prepare your new fiscal year for processing.
Utilize Deltek’s Year-End Resources
In early December, Deltek released updated year-end checklists, videos, and resources to help you prepare. You should have received these in an email, but you can also find them by logging into your support account.
Remember: Entegra is here to make this easier for you.
If you have any questions or don’t have what you need, we’d be happy to help.
Our team can:
- Provide the latest Deltek year-end resources to you
- Help you interpret checklists and follow each step
- Review your Vantagepoint system for readiness
- Assist with year-end close tasks and prepare for the new fiscal year
Guidelines for a Smooth Year-End
Let’s walk through the steps you’ll need to take to prepare your system for the new year with confidence and clarity.
1. Make Sure Your System Is Ready for the New Year
Before you close the books, it’s important to complete a few foundational tasks in Vantagepoint, like performing a full system backup, opening new fiscal periods, verifying W-2 quarter data, and opening your new Absence Accrual Year.
Taking the time now to set everything up correctly protects your workflows, prevents avoidable disruptions, and ensures your team can begin the new fiscal year with confidence and clarity. When these steps are missed or delayed, teams often feel the unnecessary stress of unexpected posting interruptions or misaligned data between the prior and current fiscal years.
2. Prepare Your W-2s and 1099s Early
Initializing your W-2s and 1099s in advance is one of the simplest ways to reduce year-end pressure. Early preparation gives you space to review vendor and employee records, catch missing details, and resolve discrepancies long before deadlines create unnecessary stress.
Tax season doesn’t have to derail your focus or momentum.
Getting ahead means your reporting is accurate, your team is on schedule, and the process feels orderly instead of overwhelming. But if you wait until the last minute, you risk rushed corrections, compliance concerns, and that nagging worry that something important may slip through the cracks. Don’t let that happen to your team.
3. Confirm Your Numbers With a Financial Reporting Audit
A quick audit to confirm your subledgers align with your general ledger helps safeguard the accuracy of your financial reports. When discrepancies go unnoticed, they tend to compound over time, creating bigger challenges during audits, budgeting, or leadership review.
Strategic decisions depend on the accuracy of your ledgers. Resolving mismatches now assures your financials truly reflect the health of your business and gives your team the assurance they need to move into the new year with trusted, reliable reporting.
How Entegra Helps You Through It
While Deltek creates the official checklists and documentation, Entegra works alongside you to confirm every step is completed correctly. If you didn’t receive the year-end resources, we’d be happy to provide them to you. If you need us, remember, we’re here to help you navigate the checklists and make sure you’ve followed each step. Our team is ready to review your Vantagepoint system for you, so you know your system is prepared and ready for the new year.
Start the new fiscal year with strength and confidence.
If you’d like help reviewing your system, navigating year-end tasks, or preparing for the new fiscal year, reach out to Entegra. You don’t have to figure everything out alone.