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Closing entries

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Hello,

I am trying to close the year and post the entries into the system but, when I create entries from 'Close income statement' it shows me multiple entries for individual GLs rather then one closing entry for the balance.

Can someone please help me with this?

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Dynamics 365 Business Central

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Gerardo Rentería Ga... 25,225 Most Valuable Professional on at

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Hi

I hope this can help you

https://ebs.com.au/blog/how-to-run-year-end-processes-in-business-central

BR

GR

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Valentin Castravet 31,387 Super User 2025 Season 2 on at

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In the Close Income Statement batch job, in the Post to Retained Earnings Acc. field select Balance, instead of Details:

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

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YUN ZHU 95,548 Super User 2025 Season 2 on at

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Hi, here's a detailed description. Hopefully it will give you some tips as well.

https://erpsoftwareblog.com/2022/09/how-to-run-the-close-income-statement-in-microsoft-dynamics-365-business-central/

Thanks

ZHU

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Community member 9 on at

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Thank you Yun Zhu.

I went through the article and found out that if I have GL setups with multiple dimensions then BC will post multiple closing entries.

Is there anyway to post only balance on balance entry and not all the entries with different dimensions?

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Jun Wang 8,202 Super User 2025 Season 2 on at

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I believe Valentin has the right answer and you need to set close by dimension to No.

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Valentin Castravet 31,387 Super User 2025 Season 2 on at

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Is there anyway to post only balance on balance entry and not all the entries with different dimensions?

I provided the answer below. Set the Post to Retained Earnings Acc. field to Balance, instead of Details. And don't select any dimensions. Exactly how I had it in the screenshot provided.

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

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