In Slovakia, you are required to close and open the various ledgers at year-end.

To access the program, on the SAP Easy Access screen, choose Accounting ® Financial Accounting ® General Ledger ® Periodic Processing ® Closing ® Opening/Closing Entries ® Slovakia.

You have defined analytical accounts in the chart of accounts to match the following synthetic accounts:

Using the program, close the accounts in two steps. In the first, close the profit and loss accounts, then, in the second step, close the balance sheet accounts.