Through the Final Account, it is possible to request lists of final accounts such as trading, profits, and losses.

Transferring the balances from the ledger does not need to record closing entries to show the account balances in the final accounts, all you have to do is to request the final account to show the accounts with their balances inside it, provided that each account is identified with its card, the final account belonging to it.

To access the final account lists: Accounting - Financial Statements - Final Account