Close Income Statement

djswim

I just ran this and no entries... what could cause this?

Alex_Chow

djswim wrote:

I just ran this and no entries... what could cause this?

1. You close the wrong year
2. The closing entries has been posted, either manually or other wise
3. You did not close the fiscal year
4. You're in the wrong company

djswim

Awwwww crap... opposite problem of what I thought... none of the previous months this year have been closed (this year). If I go through and close all the previous months now this is going to completely mess the numbers up, no?

Alex_Chow

No.

idiot

djswim wrote:

Awwwww crap... opposite problem of what I thought... none of the previous months this year have been closed (this year). If I go through and close all the previous months now this is going to completely mess the numbers up, no?

There is no monthly closing in Navision, unless 1 month is 1 FY for your case.
Monthly closing is a physical process where you announce to all to stop posting to a certain period. The only thing to do might be to change the G/L Setup Allow posting dates.
Normally you close for the year.

ssingla

idiot wrote:

djswim wrote:

Awwwww crap... opposite problem of what I thought... none of the previous months this year have been closed (this year). If I go through and close all the previous months now this is going to completely mess the numbers up, no?

There is no monthly closing in Navision, unless 1 month is 1 FY for your case.
Monthly closing is a physical process where you announce to all to stop posting to a certain period. The only thing to do might be to change the G/L Setup Allow posting dates.
Normally you close for the year.

Financial Year should be defined in full and not in months. For blocking previous period entry combination of the following can be used:

G/L Setup Allow Posting Date along with User Setup aloow posting date.
Date order on the voucher number series. (This will ensure that if a voucher is posted then no voucher can be posted in the earlier date).