End Year closing: no check on mandatory dimensions
When posting the closing income statement at the end of the fiscal year, in default Business Central you will deal with the mandatory dimensions.
You cannot post the general journal without filling the dimensions. For this kind of posting it makes no sense to use dimensions. That's why NORRRIQ XL made a solution for this. You need to specify the general journal template you're using for end closing activities in the General Journal setup.
The posting routine will disable the mandatory dimensions for this general journal template.
Setup
- Choose the
icon, enter Business Central Accelerator Setup for General Ledger - Choose the General fastTab
- Fill in the General Journal you want to use for End Year Closing.
We advise to make a separate general journal for End Year Closing.
Execution
- Choose the icon, enter Accounting Periods
- Close the fiscal year
- Choose the icon, enter Close Income Statement
- Fill in the Fiscal Year Ending Date
- Choose the General Journal for posting the Year End closing.
This is the journal you defined in the General Ledger Setup - Fill in Document no and Description
- Click OK for running the report Year End closing
- You will receive this message: The journal lines have successfully been created.
- Choose the icon, enter General Journal. Select the journal you used for Closing End Year
- You can post the Journal without filling in dimension values for GL accounts who are setup for mandatory dimension.
