Hi Luc,
  Yes, you cannot set the balance accounts to zero because you could never 
regenerate any financial statements.  The account status at the end of the year 
needs to be such that the accounts are frozen for the totals for the year and 
all new activity in the account reflects in the new year after the year-end 
closing.

  Take a minute and read through my closing processes.  I think everything will 
work by copying the accounts totals into the new year and you allow no activity 
for the old year once you close the adjustment period and year.

  The only thing I found missing was the transfer of the period transactions 
totals for income and expense into a summary income account so that now the 
income and expense accounts would just be reflecting transactions in the new 
period.  Otherwise if you let this accumulate you don't have a good handle as 
to what is happening in your current period.

Regards,
Gerry




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