All year end entries are entered through a general journal entry dated the last day of your fiscal period. There are exceptions to this when one or more of the accounts in the entry is a linked account. A/R and A/P are usually where the exception is because you cannot make an entry direct to these two accounts. These accounts must remain in balance with the details in the respective sub-ledgers. The best way to make these entries is directly to the customer or vendor accounts. The accountant will need to provide you with which customers or vendors the adjustments are affecting. When you have made the correcting entries to the customers or vendors the A/R and A/P accounts should reflect the balances as required by the accountant.

Hope this helps.

All year end entries are entered through a general journal entry dated the last day of your fiscal period. There are exceptions to this when one or more of the accounts in the entry is a linked account. A/R and A/P are usually where the exception is because you cannot make an entry direct to these two accounts. These accounts must remain in balance with the details in the respective sub-ledgers. The best way to make these entries is directly to the customer or vendor accounts. The accountant will need to provide you with which customers or vendors the adjustments are affecting. When you have made the correcting entries to the customers or vendors the A/R and A/P accounts should reflect the balances as required by the accountant.

Hope this helps.