web
You’re offline. This is a read only version of the page.
close
Skip to main content

Notifications

Announcements

Introducing our New Video Series: Community Spotlight
Community site session details

Community site session details

Session Id :
Dynamics 365 Community / Forums / Finance | Project Operations, Human Resources, ... / Settle general ledger ...
Finance | Project Operations, Human Resources, ...
Suggested Answer

Settle general ledger account balances across fiscal years

(0) ShareShare
ReportReport
Posted on by TS-15010820-0 12
How can one reconcile open items from the previous year with payments from the current year in Dynamics 365 for Finance and Operations without canceling the year-end closing?
 
I'm currently working in LedgerTransSettlement to find a solution.
 
Thank you!
I have the same question (0)
  • Suggested answer
    Magno Pereira Profile Picture
    Magno Pereira 2,437 Moderator on at
    Ledger settlements - To keep a record of detailed transactions for unsettled transactions during the year-end close, you can select the the Keep detail during the year-end close field in the Ledger settlements parameters. However, this option is only available if the main account is set up with a Main account type of Balance sheet, Asset, or Liability.
    • Keep detail during year-end close – By default, the option is set to No. It can be set to Yes only if the value in the Main account type column is Balance sheet, Asset, or Liability. When the option is set to No, opening balances will be posted in summary, as is typical during year-end close. If it's set to Yes, opening balances will be created in detail for each ledger transaction that isn't settled for the main account.
  • Hana Xue Profile Picture
    Hana Xue Microsoft Employee on at
    Hi,
    Please check if the link below is helpful.
    Ledger settlements - Finance | Dynamics 365 | Microsoft Learn
    www.linkedin.com
    Best Regards,
    Hana

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

News and Announcements

Introducing our New Video Series: Community Spotlight

Quick Links

Responsible AI policies

As AI tools become more common, we’re introducing a Responsible AI Use…

Congratulations to our 2025 Community Spotlights

Thanks to all of our 2025 Community Spotlight stars!

Congratulations to the December Top 10 Community Leaders!

These are the community rock stars!

Leaderboard > Finance | Project Operations, Human Resources, AX, GP, SL

#1
André Arnaud de Calavon Profile Picture

André Arnaud de Cal... 695 Super User 2026 Season 1

#2
Abhilash Warrier Profile Picture

Abhilash Warrier 360 Super User 2026 Season 1

#3
BillurSamdancioglu Profile Picture

BillurSamdancioglu 288 Most Valuable Professional

Last 30 days Overall leaderboard

Featured topics

End-of-life Announcement for Microsoft Dynamics GP

Product updates

Dynamics 365 release plans