Topic: Close year

I close year 2017 in date 31/12/2017
And not transfer profit / loss year in next year why
And in trial balance not complete when view from 1/1/2018 : 31/12/2018
Debit = credit ( no accept )

Re: Close year

When you close a fiscal year, the profit/loss gets into the Balance Sheet from where the next year's opening balance comes in and a new trial balance comes up.