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Home > Accounting > Adjustment Journal > Year End Adjustments
Year End Adjustments
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To enter in your year end adjustments, you will go into previous year directory, A-Accounting, E-Adjustment Journal (enter in you adjustments), save by hitting ok, now go into D-Chart of Accounts, run check distribution,

 

Now we will bring our balances forward:

G into your current year, A-Accounting, D-Chart of Accounts, F6-Options, E-Update Last Year From (ok through the prompts), Click on your Last Year Tab, Yes to auto-balance to retained earnings, Zero any drawing account by clicking on the Type drop down box and selecting Draw/Divident and in the Lstyr column and put 0, on the Type box you will now go back to the top and select All, yes to auto-balance to retained earnings

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