Thank you for supporting the Cloud Customer Connect Community in 2024. It's a gift to work with you!

Look back
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Can a script be run to move the ending balance of a prior year between movements account?

I am looking to see if a script could be used to move the ending prior year balance (or current year beginning balance) for accounts that gets cleared out in January each year. These are specific accounts like "Dividends Paid" account. Where we would make a journal entry in January each year to move it to the beginning balance in the current year. This affects the cash flow for Dividend Paid movement. So we would like to offset the entry by reversing it out of the dividends paid movements and reclassing it to a "Dividends opening balance reclass" movements. The

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!