Year-end Close with Microsoft Dynamics 365 Finance and Operations

[@rishidurgeshsrinath7922]

Thanks for sharing valuable information, can you share the process for closing period adjustment entries how to post in year end close process

[@MohamadBarada]

Thanks Rishi for your comment. I don't have it recorded. I will try to record it and share it ASAP.

[@languagedrive5162]

Hi, First of all, trhank you for such an insighful video, i have one question in mind, , Suppose,there's a PO with accounting date 12/31/2022, it is an open order with a line item with 10 quantity thats not yet received. Now after the year close , if i try to do GRN (product receipt) in the year 2024. will the system allow me? can anyone help me with this plz?

[@MohamadBarada]

Thanks for your lovely feedback and I'm glad that you like it. As for your question: D365 should allow you to post the product receipt in the year 2024 for the purchase order dated 12/31/2022. Dynamics 365 F&O is designed to handle transactions spanning multiple fiscal years. When you post the product receipt in a new fiscal year, the system will recognize the accounting date of the original purchase order and post the financial impact accordingly. This is part of the system's capability to handle accruals and prepayments across fiscal years.

[@shaikbabjan6407]

Can you please share the links

[@MohamadBarada]

Thanks Shaik for your message. but you want me to share the links of what exactly ?