Click General ledger> Periodic> Fiscal year close> Closing sheet .

Press CTRL + N to create a line for a closing sheet in a particular posting layer (see the Posting layerfield) for the year that is closing. The posting layers are:

• Current

• Operations

• Tax

You can make several closing sheets for each year, but each must have a unique identifier in the Closing sheetfield.

Select a value in the Period codefield. To make closing adjustments for the entire year that are kept separate from the daily postings in the last period of the year, select Closing.

On the Generaltab, specify the period that the adjustments apply to.

In the Postfield, specify the posting date for the adjustments.

Click General ledger> Chart of accounts .

In the Closefield on the Generaltab, for each ledger account that you want to include in the closing sheet, select an option to determine which corresponding field in the Closing accountsform the balance of the ledger account is transferred into. The options are:

• Result

• Balance

• Capital

Click General ledger> Periodic> Fiscal year close> Closing sheet> Closing accountsto attach the balances of selected ledger accounts to the selected closing sheet.

Click Load balances, select the accounts that you want to add to the closing sheet, select the Delete existing accountscheck box if necessary, and then click OK. The balances of the selected accounts are listed in Closing accountsform.

Examine the transferred balances and make adjustments if necessary. When the transfers and adjustments for one of the loaded accounts are balanced, select the account.

Click Postto post the balances and adjustments to the closing sheet.