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Dynamics 365 Community / Forums / Microsoft Dynamics GP (Archived) / I just started using u...
Microsoft Dynamics GP (Archived)

I just started using unit accounts in 2010. When we closed the 2010 general ledger the unit accounts came over. Do I have to clear these accounts to zero? I want to keep them for comparative purposes on our variance reports.

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Posted on by Joy Steverson 35

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    jakelaux Profile Picture
    jakelaux on at
    Re: I just started using unit accounts in 2010. When we closed the 2010 general ledger the unit accounts came over. Do I have to clear these accounts to zero? I want to keep them for comparative purposes on our variance reports.

    Hello,

    Unit accounts are treated as Balance Sheet Accounts so what you are seeing is normal.  We do have a KB that talks about this:

    849536 Unit Accounts and Clearing Beginning Balances

    mbs.microsoft.com/.../KBDisplay.aspx

    There is also another KB that gives one possible method to clear out the values:

    853467 Unit Accounts Have a Balance Brought Forward

    mbs.microsoft.com/.../KBDisplay.aspx

    Thanks,

     

    Jake Laux

  • Dan Liebl Profile Picture
    Dan Liebl 7,320 on at
    Re: I just started using unit accounts in 2010. When we closed the 2010 general ledger the unit accounts came over. Do I have to clear these accounts to zero? I want to keep them for comparative purposes on our variance reports.

    Unit accounts are treated as Bal Sheet accounts in GP.   I do not have it handy, but there is a process to 'close them out' if needed.

    Dan Liebl, CMA CPIM

    OTT,Inc

    dliebl@OTT-inc.com

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