The JE generated by the system triggered by 'Generate Opening Entries' seems unbalanced to me and does not make any sense to me. Additionally the system should close the P&L accounts and should book the profit/loss to a balance sheet account. This does not happen either. Can anybody help me with Closing the Fiscal Year ?
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|Asked: 10/22/13, 11:21 AM|
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|Last updated: 3/16/15, 8:10 AM|