Skip to main content

Notifications

Small and medium business | Business Central, N...
Suggested answer

Closing entries

(1) ShareShare
ReportReport
Posted on by 9
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?
 
  • Suggested answer
    Valentin Castravet Profile Picture
    Valentin Castravet 25,794 Super User 2025 Season 1 on at
    Closing entries
    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.
     
  • Suggested answer
    Jun Wang Profile Picture
    Jun Wang 7,551 Super User 2025 Season 1 on at
    Closing entries
    I believe Valentin has the right answer and you need to set close by dimension to No.
  • Closing entries
    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?
     
  • Suggested answer
    YUN ZHU Profile Picture
    YUN ZHU 77,245 Super User 2025 Season 1 on at
    Closing entries
    Hi, here's a detailed description. Hopefully it will give you some tips as well.
     
     
    Thanks
    ZHU
  • Suggested answer
    Valentin Castravet Profile Picture
    Valentin Castravet 25,794 Super User 2025 Season 1 on at
    Closing entries
    In the Close Income Statement batch job, in the Post to Retained Earnings Acc. field select Balance, instead of Details:
     
     
  • Suggested answer
    gdrenteria Profile Picture
    gdrenteria 13,918 Most Valuable Professional on at
    Closing entries

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

Announcing Our 2025 Season 1 Super Users!

A new season of Super Users has arrived, and we are so grateful for the daily…

Vahid Ghafarpour – Community Spotlight

We are excited to recognize Vahid Ghafarpour as our February 2025 Community…

Congratulations to the January Top 10 leaders!

Check out the January community rock stars...

Leaderboard

#1
André Arnaud de Calavon Profile Picture

André Arnaud de Cal... 292,160 Super User 2025 Season 1

#2
Martin Dráb Profile Picture

Martin Dráb 230,962 Most Valuable Professional

#3
nmaenpaa Profile Picture

nmaenpaa 101,156

Leaderboard

Featured topics

Product updates

Dynamics 365 release plans