web
You’re offline. This is a read only version of the page.
close
Skip to main content

Notifications

Announcements

No record found.

News and Announcements icon
Community site session details

Community site session details

Session Id :
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?

(0) ShareShare
ReportReport
Posted on by joshtechsolutions 4,979

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?

pastedimage1652249780177v2.png

pastedimage1652249760992v1.png

Thank you!

I have the same question (0)
  • Verified answer
    Community Member Profile Picture
    Community Member on at

    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

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

Responsible AI policies

As AI tools become more common, we’re introducing a Responsible AI Use…

Neeraj Kumar – Community Spotlight

We are honored to recognize Neeraj Kumar as our Community Spotlight honoree for…

Congratulations to the November Top 10 Community Leaders!

These are the community rock stars!

Leaderboard > Small and medium business | Business Central, NAV, RMS

#1
OussamaSabbouh Profile Picture

OussamaSabbouh 2,135

#2
YUN ZHU Profile Picture

YUN ZHU 733 Super User 2025 Season 2

#3
Sumit Singh Profile Picture

Sumit Singh 612

Last 30 days Overall leaderboard

Featured topics

Product updates

Dynamics 365 release plans