Create the result entry

Create the result entry

The profit or loss entry allows the profit or loss to be displayed on the Balance Sheet.
  1. Open the Looping page: Configuration menu, Looping .
  2. On the Loopback page, click the Configure button of the action Create the result entry:



  3. On the Looping - Result Writing page, click the New button Then fill in the loop fields:



    1. Valid from : Date from which the result writing setting is taken into account.
    2. Area In case of profit :

      1. Balance sheet account : Balance sheet account used to create the closing entry in case of profit (example: 2979 Profit for the year/loss for the year).
      2. Profit and loss account : Expense or closing account used to create the closing entry in case of profit (example: 9200 Profit/loss for the year).

    3. Area in case of loss :

      1. Balance sheet account : Balance sheet account used to create the closing entry in case of loss (example: 2979 Profit for the year/loss for the year).
      2. Profit and loss account : Expense or closing account used to create the closing entry in case of loss (example: 9200 Profit/loss for the year).

  4. Confirm the result entry by clicking the OK button. then use the Go Back button to return to the Looping page.
  5. On the Looping page, click the Create Result Entry button.



  6. When the action is completed, a green visual indicator is displayed, and the Last Execution and Executed By columns are populated:

    1. Last execution : Displays the date and time of the last execution.
    2. Executed by : Indicates the name of the user who performed the last operation.

  7. The output entry is created: