RE: In Accounting Period, when I select "Close Year To", I'm still allowed to post. My question will be, what then is it closing in Navision 2018?
The process is for clearing down the P&L and moving retained earnings to the balance sheet. This creates gl entries where the dates to with a C to indicate closing entry. The controls for stopping prior period postings are the allowed to/from posting dates. Can be found in the general ledger setup or the user setup. It can be necessary to make adjustments in prior closed periods - especially after an audit. It is necessary to rerun the close income statement if this takes place.
