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Year End Simulation

This function can be used in some countries to set all Account balances to zero at the end of a fiscal year. It will create two Simulations: one for the Income and Expense Accounts; and one for the other Accounts.

Year End A/C
Paste Special    Account register, Nominal Ledger/System module
Specify the Account that will be used to balance the two Simulations. You must specify an Account, otherwise the function will have no effect.

Date
Paste Special    Choose date
Enter a date to be used as the Simulation Date in the two Simulations created by the function. If you do not enter a date, the current date will be used.