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Former Member
Jul 20, 2009 at 02:12 PM

Year end closing


Hello all,

for the first time I'm studing the year end closing procedure. I can't undestand the next two things:

01. In the Period-End Closign - Seection criteria in the text box "Period-End Closing Account" i have to set a accout belonging to the last draw in the chart of account? or it have to be a balance shhet account?

02.the account in the last draw are not considered in the Profit and loss statement?

Thank You a lot