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Dynamics 365 Community / Forums / Small and medium business | Business Central, N... / After we select a Clos...
Small and medium business | Business Central, N...
Answered

After we select a Closing Year at Accounting Period, and at COA do we select the closing income Statement as well in Navision 2018?

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Posted on by joshtechsolutions 4,841

Hi Community,

I would like to find out after we select a Closing Year at Accounting Period, and at COA do we select the closing income Statement as well?

Why do we need to do that?

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Thank you!

  • Verified answer
    Community Member Profile Picture
    Community Member on at
    RE: After we select a Closing Year at Accounting Period, and at COA do we select the closing income Statement as well in Navision 2018?

    Josh,

    Yes, after you complete the Close Accounting Period, for the Year you have completed, then make sure you have Created the New Year. After that run the Close Income Statement for the year just closed.

    Hope this helps.

    Thanks,

    Steve

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