{"id":7262,"date":"2022-11-16T12:32:09","date_gmt":"2022-11-16T12:32:09","guid":{"rendered":"https:\/\/navision-beratung.de\/?p=7262"},"modified":"2022-11-16T12:32:09","modified_gmt":"2022-11-16T12:32:09","slug":"geschaeftsjahr-jahresabschlussin-business-central","status":"publish","type":"post","link":"https:\/\/navision-beratung.de\/en\/geschaeftsjahr-jahresabschlussin-business-central\/","title":{"rendered":"The financial year in Business Central"},"content":{"rendered":"

As the financial year draws to a close for most companies, today we are providing a brief overview of the year-end closing in Microsoft Dynamics 365 Business Central.<\/p>\n

Even if the financial year is the same as the calendar year for most companies, the financial year can be customized. In contrast to most other accounting software, clients and accounts etc. remain the same in the new financial year. As the data is saved, no new accounts need to be opened in the next period; instead, postings are simply made to the existing accounts from the previous financial year. The P&L accounts are of course an exception. Here, the balances of the individual P&L accounts are created and posted to the P&L statement as normal.
\nTo be able to post between two periods, e.g. 31.12.t1<\/sub> and 01.01.t2<\/sub> there is the option of making end-of-period postings. These postings are marked with a \"U\" and do not belong to period t1<\/sub> still t2<\/sub> to.
\nBelow you will find a detailed list of the functions for creating your annual financial statements in Microsoft Dynamics 365 Business Central:<\/p>\n