Prior Year Adjustment How to Close - Adagio Accounting

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#41680 - 05/27/14 07:16 AM Prior Year Adjustment How to Close
ILHS Casual Registered: 03/12/13 Posts: 12 Loc: Victoria, BC	Hi I need to make an adjustment to the revenue of a prior year. When I post this batch there will need to be another year end closing entry. How do I properly close the year end revenue to equity? Thanks Carol
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#41683 - 05/27/14 07:23 AM Re: Prior Year Adjustment How to Close [Re: ILHS]
Retired_Guy Adagio Master Registered: 03/16/99 Posts: 10504 Loc: Canada	Adagio Ledger will close the entry to retained earnings automatically. _________________________ Andrew Bates
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