End of Year Document

Introduction

Introduction

Introduction

Overview

This window is used to generate the year-end profit transfer

Business Case

This window calculates the year of total debit & credit amount and posted to the profit & loss account.

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Tabs

End of year Document

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Critical Fields:

1. Name: use this field to write up the document reference.
2. Profit Transfer Account: Select the Profit transfer account element.
3. Retained Earnings Account: Select the Profit/loss account element.

Critical & one-time setup fields:

1. Organization: This field is used to select the organization

Non-Critical Fields:

 

Serial number/Lot number (ASI):

 

Zoom conditions:

 

Customization:

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Year

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Year: The system will populate the current year total debit and total credit amount.

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Journals

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The system will populate the journal documents as a reference for the current year.

Process

Process

Process

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Year-End Process: This process will help you to generate the journal for the current year one time.

Video