Posting Historical Trial Balances

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Posted on by S_black

Hi,

I have 4 trial balances going back 4 years - 2020 to 2024.

I want to post the trial balances in the system.

My challenge - the TB in 2021 includes retained earnings for 2020 and so on. So when i post the 2021 TB, i cant close it because it will double up the retained earning account in 2021.

How can i go about this?

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Valentin Castravet 24,910 Super User 2024 Season 2 on at

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Posting Historical Trial Balances

You only post the trial balance from 2020. After that, you post the net changes from 2020 to 2021, from 2021 to 2024 and so on. The frequency of the net changes is up to you, monthly, yearly, etc.

Valentin Castravet
Work: Zander ERP Services
Blog: Dynamics 365 Business Central Insights
LinkedIn: www.linkedin.com/in/valentin-c-0500a247/