> > >

Use this form to transfer opening transactions to a new fiscal year.

The ledger parameter settings are displayed in the section, but can be changed only in the form.

Note Note

You can transfer opening transactions repeatedly until the fiscal year is closed in the form.


Navigating the form

The following links and table provide descriptions for the controls in this form.

Tabs

Field

Description

General tab

Enter information to be used for transferring opening transactions to a new fiscal year.

Dimension tab

Enter or view the dimension values.

Batch

Refer to Prepare batch processing on the Batch tab.

Buttons

Field

Description

OK

Transfers opening transactions to a new fiscal year and closes the form.

Cancel

Closes the form without saving changes.

Fields

Field

Description

Displays a check mark if you selected the option in the form.

Displays a check mark if you selected the option in the form.

Displays a check mark if you selected the option in the form.

The closing date in the previous fiscal year.

The posting date when the company gains knowledge of the transaction. This field is available only when the Italy country/region key is selected and the field is selected in the form.

Select the transfer method:

  • – Reset the balance accounts and manually enter the opening balances for the balance accounts.

  • – Continue with the balance accounts and make the opening transactions.

Displays the ledger account that the yearly profit and loss activity net amount will be posted to.

This field is automatically updated with information from the form, but can be edited.

The voucher number that is allocated to the opening transactions. This is mandatory if the check box is selected in the form.

Select this check box to print a list of the created opening transactions.

Select this check box to include financial dimensions on the opening transactions that are generated for the balance sheet accounts.

Select the department dimension that the profit and loss transactions are closed to.

Select the cost center dimension that the profit and loss transactions are closed to.

Select the purpose dimension that the profit and loss transactions are closed to.

Select the check box to close the profit and loss transactions to the dimension codes for each dimension, based on what was posted in each transaction.