Revised: 11/13/2012
Go to Tools>>Update Closing Accounts
This program will add or change closing account information for the range of accounts specified.
To view a list of general ledger account numbers that will show closing account information go to Lists>>General Ledger Lists>>GL Account List
Enter a general ledger account number to begin the range of account numbers.
Enter a general ledger account number to end the range of account numbers.
Enter or select a general ledger account number to serve as the closing account for the range and filtering information entered.
When the fiscal year is closed, all profit and loss account balances will be transferred to the general ledger account number specified as their "closing account"
There may be one or many "closing accounts"
Enter general ledger filtering information in the appropriate segments.
For example:
If you want every general ledger account, within the starting and ending range, that ends in 11-80 to have the entered closing account - enter 11 in your next to last filter and 80 in the last filter and press update.
Click the Update button to begin the process of updating closing account information based on the entries made.