This article is part of the In Microsoft Dynamics 365 Business Central (Financial), how do I… series and of the wider In Microsoft Dynamics 365 Business Central, how do I… series which I am posting as I familiarise myself with Microsoft Dynamics 365 Business Central.
Being fairly new to Business Central (compared to the 19 years I worked with Microsoft Dynamics GP), I’ve been a bit surprised by the process required for closing a year in Business Central. I’m going to cover the process over a few posts, each dealing with one part of the process.
As I’ve warned in each post about closing fiscal years in Business Central, one of the things I was surprised about Business Central is that even after a year had been closed, people can still post to the year
To stop them posting to a closed year, the Allow Posting From field on the General Ledger Setup (118) page needs to be changed to (at least) the first date of the new financial year.