Topic Options
#41680 - 05/27/14 07:16 AM Prior Year Adjustment How to Close
ILHS Offline
Casual

Registered: 03/12/13
Posts: 12
Loc: Victoria, BC
(96.50.5.56)
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

Top
#41683 - 05/27/14 07:23 AM Re: Prior Year Adjustment How to Close [Re: ILHS]
Retired_Guy Offline
Adagio Master

Registered: 03/16/99
Posts: 10504
Loc: Canada
(209.87.253.66)
Adagio Ledger will close the entry to retained earnings automatically.
_________________________
Andrew Bates

Top


Moderator:  Christa_Meissner 
Who's Online
0 registered (), 174 Guests and 6 Spiders online.
Key: Admin, Global Mod, Mod
Forum Stats
1874 Members
5 Forums
14565 Topics
71080 Posts

Max Online: 630 @ 11/14/25 02:28 AM
November
Su M Tu W Th F Sa
1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30