You have to define document type in the Document Types settings before first use.

A specific document type is used for opening and closing fiscal year. That is, using it you can create a closing and opening entry according to available scenarios. The latter are based on settings of Chart of Accounts. Of course, you can change them at will and insert new ones.

Note that the original posts are closed or marked as inactive when creating closing and opening entries. You cannot change posts of closed fiscal year.

Everything works fine in the next fiscal year if you created closing and opening entries accordingly.

Here are also included checks applied throughout the whole year. By applying them you can easily find any irregularirities in posting.

• Document Header

Tabs:

• Scenario
• Checks
• Errors
• Journal Entries