Do you want to discover what steps to take to close a fiscal year in Business Central? The year-end closing processes in Business Central are the final steps in the fiscal year. This module explains how to create and manage accounting periods and how to close a fiscal year.
By the end of this module, you will be able to:
- Create new accounting periods.
- Create a new fiscal year.
- Close a fiscal year.
- Close an income statement.
- Analyze entries that are posted in a closed fiscal year.
Basic understanding of how to navigate the Dynamics 365 Business Central application and of the chart of accounts.