Hi, I’m trying to close my 2016 fiscal year.
- I created 2017 and make it default.
- them I created a Period Closing Voucher:
Posting Date: 31-12-2016
Closing Fiscal Year: 2016
and for the closing account head I have tried everything, (equity accounts, Liabilities) I tried all the accounts and i got the same results.
The Income - expenses gets posted to the selected account (as expected)
but when i go to the Balance sheet Report i get the “Previous Financial Year is not closed”
and the closing amount is under "Unclosed Fiscal year Profit / Loss (credit)
I have no idea what i’m doing wrong. please help !!!
thanks in advance.