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Dynamics 365 Community / Forums / Microsoft Dynamics AX (Archived) / Year End Closing - Wit...
Microsoft Dynamics AX (Archived)

Year End Closing - With usage of option 'Reset' in Balance accounts field at Opening transactions form

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Posted on by Muhammad Asim Khan 1,675

Hi all,

I am curious to know how can we proceed for Year-End closing and tranfer opening transactions to a new fiscal year when one uses option 'Reset' in Balance accounts field at GL > Periodic > Fiscal year close > Opening transactions form.  

Can anyone guide what should be the sequence of Steps while doing Fiscal year closure with condition that transferring of opening transactions to next fiscal year will be done using 'Reset' option (shown above)?

Thanks in advance.

 

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  • ZvikaR Profile Picture
    ZvikaR 170 on at

    As far as I can tell this will allow you to close the year, without automatically posting any transactions.

    So you if you prefer to post all the closing transactions yourself, manually (using closing sheet, general journal), you can do that separately, and then just run the year close process just in order to set the status of the period to 'Closed'

  • lally Profile Picture
    lally 8 on at

    I am also looking for answer.

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