I’m working with NAV 4.00 SP2.
Does NAV automatically make a journal entry to transfer the net income from 9900 Annual Net Income to 0440 retained earnings when closing fiscal year?
Thanks
I’m working with NAV 4.00 SP2.
Does NAV automatically make a journal entry to transfer the net income from 9900 Annual Net Income to 0440 retained earnings when closing fiscal year?
Thanks
GL / Periodic Activities / Fiscal Year / Close Income statement…
This closes P/L Accounts to Account you specify in this Batch Job, other postings are all yours [:D]
Besides, EXACT G/L Acc numbers are of no use of mentioning here - every company has its own CoA.