| Consolidating data |
You might need to consolidate information from multiple companies or multiple machines as part of year-end processing. See Transferring and interfacing data. |
| Closing a year |
When you close the final period of the fiscal year, General Ledger performs a number of tasks to close the year and to prepare you for the next fiscal year. See Closing a Year. |
| Performing optional year-end procedures |
You can perform these optional procedures in conjunction with year-end processing to prepare for the next fiscal year. See Performing optional year-end procedures |
| (Optional) Updating income statement beginning balance |
You can perform these optional procedures to update income statement beginning balance. See Updating Income Statement Beginning Balance. |
| Changing the fiscal year or period |
You can change the current accounting period, fiscal year, or both for a general ledger company. See Changing the fiscal year or period. |