12 Days of GP Tips: Day 6 – Remember These Steps After Closing the Year
After you have closed the Year – REMEMBER the following: For the year that you just closed, you can re-open the last period IF you need to post adjusting entries. These entries will automatically update the beginning balance accounts and retained earnings. If you accidentally had an account set to be a Balance Sheet account, … Read more 12 Days of GP Tips: Day 6 – Remember These Steps After Closing the Year