1. Click General ledger> Setup> Posting> System accounts.

    Note Note

    For more information, see "System accounts (form)" in the Applications and Business Processes Help.

  2. Press CTRL+N and create a new line.

  3. In the Posting typefield, select Year-end result.

  4. In the Ledger accountfield, select the system account. The year-end result account is used to close profit and loss account transactions.

  5. Press CTRL+N and create a new line. In the Posting typefield, select Transfer of closing and opening transactions.

  6. In the Ledger accountfield, select the system account.

  7. Press CTRL+S or close the form.