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author's profile photo Former Member
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Former Member

GL account that doesn't reset, after finished the post of end Fiscal Year

Posted on Oct 01, 2010 at 01:25 PM 15 Views

Iu2019m facing a new problem while trying to perform the process of close fiscal year, the process that I do be the following:

F.01> F.16>F_IT_01>F.16>F.01

After that all the process is done, i analyze the balance sheet, and see that some general ledger account, of profit and loss statement account , doesn't zeroed.

but I removed the flag that allow only automatic post and re-did the process, but the error keeps happening. Could you please help me to fix that error? Has anyone faced a similar situation?

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  • author's profile photo Former Member
    Former Member
    Posted on Oct 01, 2010 at 02:28 PM
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    Are you saying that you have some P&L accounts which are not transferred to a retained earnings account during year end closing? If so have you verified that the P&L statement account type is a valid entry linked to a valid retained earnings account in the GL master data?

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    • Former Member Former Member
      Oct 07, 2010 at 02:09 PM

      Hi,

      Leave me change my ask,

      My costumer uses the variant Fiscal Years and in Brazil the correct variant would the variant Calendar Year. How do i do to realize the procedure of posting of end year, for one company code that uses the variant V6(Fiscal Year)? But the Brazilian Laws required that the results correspond to the calendar year

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