1. Click General ledger> Periodic> Fiscal year close> Opening transactionsto open the Opening transactionsform.

  2. In the End datefield, select the ending date of the previous fiscal year.

  3. In the Balance accountsfield, select the transfer method from the following options:

    • Reset

    • Closing->Opening

  4. In the Account for transfer of year-end resultfield, select the account number for posting in the ledger.

  5. In the Voucher numberfield, enter the voucher number for the opening transactions.

  6. Click OKto close the form.

See Also