Closing Options in Main Accounts

Finance and Operations/AX User Forum
1

Can any one tell me… how to use the below function in MAIN ACCOUNTS (AX2012)

In the Closing drop-down field, select how balances should be transferred to the closing sheet forms during the closing process.

• Blank – leave the field blank to transfer the balance to the Difference field.

• Result – select this option to update operating accounts.

• Balance – select this option for balance accounts.

• Capital – select this option for accounts related to cash flow forecasts and revaluation.

2

Hi Mansoor Ali,

hope this link will help you.

http://technet.microsoft.com/en-us/library/aa572637.aspx

thx

3

Hi Mansoor,

Did you find the solution ?

4

Actually, concern is more on Equity Option - How can we use this in Ledger Account… Even for Equity account COA we are giving Balance… So it is applicable for Equity…