• From: Indonesia, Japan
  • Registered: 01/08/2014
  • Posts: 190

Topic: Closing Balance for monthly period

Hello,

I've met an accountant from company that give me ERP project. He asked that how to close a balance for monthly period. For example, I've installed asset register extension and he want to view the depreciation as an account in expenses that calculated from depreciation rate. I don't know whether the feature to close balance from some unbalanced GL account in system automatically. Is it exist or the basic feature in frontaccounting does not need it? Tnak you for your answer.

  • joe
  • Administrator
  • Offline
  • Registered: 03/15/2007
  • Posts: 5,107

Re: Closing Balance for monthly period

This is normally not needed, however you van use cost accruals to destribute depreciations and other things during the year.

Joe

  • From: Singapore, India, Chennai
  • Registered: 05/02/2009
  • Posts: 6,160

Re: Closing Balance for monthly period

Some extensions may require trigger rights and capabilities.

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