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Learner2's avatar
5 years ago
Solved

after start a new year all the P&L opening will be 0.00?

  • Learner2 

     

    Welcome to the MYOB Community Forum, I hope you find plenty of useful information.

     

    When you close a Financial year and roll it over, all of the account balances that are part of the P & L (Sales, Cost of Sales, Expenses, Other Incomes and Other Expenses) will be returned to 0.00.

     

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  • GDay53's avatar
    GDay53
    Ultimate Partner

    Learner2 

     

    Welcome to the MYOB Community Forum, I hope you find plenty of useful information.

     

    When you close a Financial year and roll it over, all of the account balances that are part of the P & L (Sales, Cost of Sales, Expenses, Other Incomes and Other Expenses) will be returned to 0.00.