How the system of Oracle Cloud save de period close information?

Summary:

I want to know if the system save the information of earning or loss of each period.

Content (required):

In our other system when we create the statement of financial position, we have the earning account of the current period and additional we have one account for past periods.

We have the question if the system saves the information of each period or only save the information of the current period.

And if the system saves the information of each period, it saves in different accounts?

Version (include the version you are using, if applicable):

23A

Code Snippet (add any code snippets that support your topic, if applicable):