> For clean Markdown of any page, append .md to the page URL.
> For a complete documentation index, see https://docs.fynapse.app/llms.txt.
> For AI client integration (Claude Code, Cursor, etc.), connect to the MCP server at https://docs.fynapse.app/_mcp/server.

# Subledger Configuration

> Learn how to configure Subledger in Fynapse to meet your organization's specific needs by following a step-by-step user journey.

> **Info**
>
> The majority of this configuration is performed by users with the following security roles assigned:
>
> * [Editor](/documentation/instance-management/security/default-system-roles/editor)

## Yearend Cleardown

[Yearend Cleardown](/documentation/processing-configuration/yearend-cleardown) also known as Retained Earnings Process,
is part of closing a fiscal year and a preparation for starting a new financial year.

The Yearend Cleardown functionality allows you to automate the calculation and posting from
Profit and Loss (Income Statement) accounts to Retained Earnings when closing a fiscal year,
ensuring accurate financial reporting, compliance with accounting standards and moving a years profit or loss
to the Balance Sheet to start next financial year.

## FX Revaluation

[FX Revaluation](/documentation/processing-configuration/multiple-currencies/fx-revaluation)  is the process of
updating balances in functional and reporting currencies to the latest FX rates.
The aim of the process is to capture the value of the fluctuating exchange rates and make sure we report that
fluctuation in financial statements. This is different from FX conversion which happens on the Journal amounts.

## Reclassification

[Reclassification](/documentation/processing-configuration/reclassification) is an accounting process where,
due to regulatory compliance requirements and financial reporting accuracy, certain accounts require balance transfers,
e.g. due to initial missclassification. It adjusts where an amount is reported