My first year end as a partnership was 5th April 2020. I have managed to get a P&L and Balance Sheet at that date but can’t work out where to go to run the year end process. Consequently, my P&L has not “zeroised” on the balance sheet by either transferring into Retained Profit (a/c 3101) or against Partners Drawings (a/c’s 1203 & 1204). Can someone explain the process and where to find it please?
Have you looked under Account settings> all settings> Year End Process
Perfect - Many thanks, it worked and so simple!
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