Transaction page · General ledger

Closing period adjustments

A page for correcting balances, referenced in the consolidation process for consolidated accounts.

Used by: Accountant, Accounting manager, Accounting supervisor and 2 more roles
Business process: —
Menu item: LedgerClosingSheet
Main table: LedgerClosingSheet
Data entity: —
Setup steps: —

Show what matters for

Everyone

1What it is and why

What it is	A page for correcting balances, referenced in the consolidation process for consolidated accounts.
What you do here	Used to correct the balances on a consolidated account when they aren't accurate after a consolidation.
Example	For example, at year end you can create separate closing sheets for revenue, expenses, and balance accounts, load the general ledger balances into them, and then make transfers between accounts.

Functional consultant · Solution architect

Business process	—
Menu path	General ledger › Period close › Closing period adjustments
Set up first	Main accounts Microsoft Learn ↗
Used next by	Year end close Microsoft Learn ↗
Related pages	General journals Microsoft Learn ↗Consolidate online Microsoft Learn ↗

End user · Functional consultant

Go to General ledger > Period close > Closing period adjustments.
Create a closing sheet, for example one for revenue, one for expenses or one for balance accounts.
Load the balances from the general ledger into the closing sheet.
Enter the transfers or adjustments from one account to another.
Make sure the closing period is open, and then select Post.
After posting, set the period back to On hold.

Field	What it means	Worked example	Table column
—

Functional consultant

Setup step	Recommended value and why	Decision · common mistake · test
— No setup is made on this page.

Solution architect

Shared or per company	Per company: each legal entity has its own records. Microsoft data model ↗
Can it be undone	—
Feature or country	—
If you change it later	Adjustments made here post only to the closing period. They can't be posted to the opening period. Microsoft Learn ↗

Technical architect

Menu item	`LedgerClosingSheet` Checked in Dynamics 365
Form	`LedgerClosingSheet` Checked in Dynamics 365
Table	`LedgerClosingSheet`Shown as “Closing sheet” in Record infoChecked in Dynamics 365
Data entities	—
Who can open it	PrivilegesMaintain ledger closing sheet `LedgerClosingSheetMaintain`View ledger closing sheet `LedgerClosingSheetView`DutiesMaintain closing transactions `LedgerClosingTransactionsMaintain`Inquire into closing transaction status `LedgerClosingTransactionsStatusInquire` 5 security roles Chief financial officer `CompanyChiefFinancialOfficer`Accountant `LedgerAccountant`Accounting manager `LedgerAccountingManager`Accounting supervisor `LedgerAccountingSupervisor`Financial controller `LedgerFinancialController` Checked in Dynamics 365
Actions on the page	Buttons: Closing accounts, Post, VoucherChecked in Dynamics 365

Developer

Open it directly	`https://<your-environment>/?mi=LedgerClosingSheet`
Integrate with	—
Table definition	`LedgerClosingSheet` columns and relations Microsoft data model ↗

Everyone