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France Balance CarryForward

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Hello,

 

we are looking for information about the Balance Carryforward at year end for the France accounting requirements.

  1. We would like to know about the General Ledger year end close that creates physical entries to close all accounts to year end clearing accounts.
  2. Once this has been completed we need to update retained earnings for prior year net income/loss  and reopen the balance sheet accounts with  January 1 physical entries as required by the French journal

 

Is there a specific process for France or is it done using f.07 ?

 

Thanks for the your help

 

Regards

Alexis


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