Hi Holiday,

As long as your balance sheet accounts are all set up correctly (ie the accounts are set to be Balance Sheet type and not Income Statement by accident), then they will not be affected by the Close Inc/Exp Accounts (Close Year) process. Close Year only looks at I/S accounts to close to retained earnings, and any B/S account that has a department will not be closed - you've probably seen this for your cash account 1020-1.