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Business Central forum

Current Year Income - Equity missing

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When printing a Trial Balance or Balance Sheet,  I noticed the Net Income doe not appear in an Equity account. There doesn't appear to be anything in setup to tell which account to show the net income on the Balance Sheet.  When looking in Cronus, the Balance Sheet does not tie by the Net Income amount either. Am I missing something? 

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  • Suggested answer
    Syed Fasih Profile Picture
    2,442 on at

    Have you executed the fiscal period closing? Therein, you need to specify the equity account where the profit/loss flows at the end of a period.

    Please mark the answer as verified if this resolves your query.

  • Community Member Profile Picture
    on at

    I think I found a work around by adding the line to the balance sheet and totaling the Income - Expenses. If there is another way please let me know.

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