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Eagle Accounting provides a ledger transfer profile by default when you install Eagle's accounting solution. However, the accounts designated for the year end closeout process are customizable. You can choose any accounts to close out for the year end process. Likewise, you also can choose the target account into which to roll the balances. 
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The ledger transfer profile is comprised of the following criteria:
Transfer Category. Represents the STAR Default category or a regulatory category, for Eagle Accounting clients that use IFRS. This allows you to customize separate regulatory categories to close out different ranges of accounts into various year end accounts.
Target Account. The target account is the account that retains the year end closed out ledger balances. The year end closeout process moves the ledger balances from the source accounts to the target account that retains the year end closed out balances.
Offset Account. The offset account is a memo account for the contra postings to the target account. The offset account of 9999999999 is a memo account used in the ledger posting process to move the balances from the transfer account to the target accounts.
Source Accounts. The source accounts comprise one or more individual accounts or ranges of accounts that roll up to the target account. These are the general ledger accounts that the system zeros out for the start of the next fiscal year. Each source range includes Start Account and End Account criteria.
For a given transfer category, you can define multiple target accounts and corresponding offset accounts. You can associate one or more source ranges with each Transfer Category/Target Account/Offset Account grouping.
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