# Question about close fiscalyear
**URL:** https://discuss.tryton.org/t/question-about-close-fiscalyear/8263
**Category:** User
**Tags:** accounting
**Created:** [January 30, 2025, 6:32pm UTC](https://discuss.tryton.org/t/question-about-close-fiscalyear/8263 "2025-01-30T18:32:49Z")
**Posts on this page:** 3
**Page:** 1
### Author:  [@iehoshia](https://discuss.tryton.org/u/iehoshia)
#### Post date: [January 30, 2025, 6:32pm UTC](https://discuss.tryton.org/t/question-about-close-fiscalyear/8263/1 "2025-01-30T18:32:50Z")
Hi,
In a company, I have a profit of Q3,000 in the first year.
Both the balance sheet and the income statement show the same amount, Q3,000.
In the second year, there is a profit of Q5,000.
The balance sheet shows a balance of Q8,000, while the income statement shows Q5,000.
Both are generally correct, but they don’t match because the amounts are different.
So, if I make an move to record the profit, how should it be done?
And also, how would I determine the income statement if I reset the income and expense accounts to zero, which is the closing entry?
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### Author:  [@ced](https://discuss.tryton.org/u/ced)
#### Post date: [January 30, 2025, 8:08pm UTC](https://discuss.tryton.org/t/question-about-close-fiscalyear/8263/2 "2025-01-30T20:08:27Z")
Income statement accounts are non -deferral so at the end of each fiscal year they should be balanced to balance sheet following your country rules.
There is a [wizard](https://docs.tryton.org/latest/modules-account/usage/index.html#reset-non-deferral-accounts) to create this draft move on the ending ajustement period. Usually this mouvement is completed with the company taxes on revenue etc.
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### Author:  [@system](https://discuss.tryton.org/u/system)
#### Post date: [February 4, 2025, 11:44pm UTC](https://discuss.tryton.org/t/question-about-close-fiscalyear/8263/3 "2025-02-04T23:44:26Z")
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