Make closing adjustments in the closing sheet [AX 2012]

Updated: November 18, 2010

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

  1. Click General ledger > Periodic > Fiscal year close > Closing sheet.

  2. Press CTRL+N to create a line for a closing sheet in a particular posting layer for the fiscal year that is being closed. The posting layers are:

    • Current

    • Operations

    • Tax

    You can make several closing sheets for each year, but each must have a unique identifier in the Closing sheet field.

  3. Enter or select an identifier and name for the closing sheet.

  4. Select a value in the Type field. To make closing adjustments for the entire year that are kept separate from the daily postings in the last period of the year, select Closing.

    NoteNote

    If you select Closing, you must use the Closing fiscal period field on the General tab to specify which closing period to post to.

  5. On the General tab, specify the period that the adjustments apply to.

  6. In the Post field, specify the posting date for the adjustments.

  7. Close the form.

  8. Click General ledger > Reports > Base data > Chart of accounts.

  9. On the Main accounts FastTab, click New to open the Main accounts - chart of accounts: %1 form.

  10. Select a main account to include in the closing sheet.

  11. On the General FastTab, in the Close field, select an option to determine which corresponding field in the Closing accounts form the balance of the main account is transferred into. The options are:

    • Result

    • Balance

    • Capital

  12. Close the form.

  13. Attach the balances of selected ledger accounts to the selected closing sheet in the Close form. (Click General ledger > Periodic > Fiscal year close > Closing sheet. Select a closing sheet and click Closing accounts.)

  14. Click Load balances.

  15. Select the accounts to add to the closing sheet.

  16. Select the Delete existing accounts check box to delete existing accounts and then click OK. The balances of the selected accounts will be displayed in the Closing accounts form.

  17. Examine the transferred balances and make adjustments if they are required. When the transfers and adjustments are balanced for an account, select the account.

  18. Click Post to post the balances and adjustments to the closing sheet.


Announcements: To see known issues and recent fixes, use Issue search in Microsoft Dynamics Lifecycle Services (LCS).

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