Skip to main content

Notifications

Announcements

No record found.

Microsoft Dynamics NAV (Archived)

Book closure and restatement of balances

Posted on by Microsoft Employee

Want to know how this works. When closing books for the financial year, do i have to first restatement the foreign currency balances at year end date and then close the books. or the restatement happens automatically when the books are closed?

What activities happen in NAV automatically when we close the books for the year?

*This post is locked for comments

  • Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: Book closure and restatement of balances

    Thanks a lot Hannes.

  • Hannes Holst Profile Picture
    Hannes Holst 5,767 on at
    RE: Book closure and restatement of balances

    Hi,

    Have a look here:

    docs.microsoft.com/.../year-close-books

Under review

Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.

Helpful resources

Quick Links

December Spotlight Star - Muhammad Affan

Congratulations to a top community star!

Top 10 leaders for November!

Congratulations to our November super stars!

Tips for Writing Effective Suggested Answers

Best practices for providing successful forum answers ✍️

Leaderboard

#1
André Arnaud de Calavon Profile Picture

André Arnaud de Cal... 291,280 Super User 2024 Season 2

#2
Martin Dráb Profile Picture

Martin Dráb 230,214 Most Valuable Professional

#3
nmaenpaa Profile Picture

nmaenpaa 101,156

Leaderboard

Featured topics

Product updates

Dynamics 365 release plans