The End of Year Journal is an essential add-on and feature to Microsoft Dynamics 365 Business Central, especially since it is an accounting and finance system. In turn, this addon supports precise financial reporting and compliance. The primary function is to gather all General Ledger Entries which consist of the End of Year journal template and compute the Net Change values accordingly within the Chart of Accounts page.

This add-on is particularly crucial because the user is certain that all documents and journals have been posted, thus data tracking is made easier. Moreover, the End of Year Journal gives a summary of the financial performance of the business throughout the year.

Availability of the End of Year Journal

The main functionality of the End of Year Journal can be found on the Chart of Accounts page, specifically the Source Code Net Change field, as seen below: