Year end close - Voucher transactions - field posting type is blank for opening transactions

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Posted on by CGORINI

Hi everyone,

The field posting type is blank for opening transactions while the same field is correctly populated for closing transactions:

Do you know the reason?

Thank you in advance

Best regards

Camilla

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Ludwig Reinhard Microsoft Employee on at

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Hello Camilla,

What voucher do you see if you click on the blue voucher ID hyperlink?

Best regards,

Ludwig

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CGORINI 55 on at

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Hello Ludwig,

I see the opening transactions with voucher number "CH19AP20", that is the voucher we entered for fiscal year close process, but they have not the posting type filled in.

The closing transactions with the same voucher "CH19AP20" have instead the following posting type : Transfer of closing and opening transactions

For our accountants this creates a bit of confusion, especially in reports.

Thank you in advance for your help

Camilla

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Ludwig Reinhard Microsoft Employee on at

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Hi Camilla,

Thanks for sharing this.

Two follow up questions:

1. Is it correct to say that you would expect the same posting type used for the postings made on 31 Dec in the voucher that is posted on 1 Jan?

2. Have you enabled the GL parameter "create closing transactions during transfer"? If so, why?

Best regards,

Ludwig

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CGORINI 55 on at

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Hi Ludwig,

1) yes it is correct

2) yes we have enabled the GL parameter "create closing transactions during transfer" in order to bring the balances of the P&L ledger accounts down to zero in the fiscal year being closed.

Thank you

Best regards

Camilla

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Ludwig Reinhard Microsoft Employee on at

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Hi Camilla,

Many thanks for the confirmation:

For 1) Standard D365FO does not make use of a special posting type for the postings made on 01 Jan 2020.

For 2) I would recommend double checking this setup and probably change it. To see what I mean, can you run a P&L statement as of 31 December of your last year?

Best regards,

Ludwig

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Sheela Ningappa on at

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Hi Camilla,

It has always been that way and product team mentions that This cannot be fixed as part of a bug, because this would be considered a breaking change. This will have to be evaluated in priority along with other new features, because this would have to be added to Feature management. So the way you have to discriminate the opening transactions General journal entries is by the related fiscal period type of Opening.

I hope this helps.

Regards,

Sheela

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CGORINI 55 on at

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Hi Sheela,

Thanks for the information. Therefore do you suggest to post a new application idea?

Best regards

Camilla

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Sheela Ningappa on at

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Hi Camilla,

Yes please log an Idea in the Ideas portal.

Thanks,

Sheela

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Ludwig Reinhard Microsoft Employee on at

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Hi Camilla,

Irrespective of this idea, I would recommend that you double check the usage of the parameter 'create closing transactions during transfer' and whether this is really something you want to have.

Best regards,

Ludwig

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