GL Year End

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The Year End option will take the following actions:

 

1.The previous year totals are removed
2.The current year transactions are moved to the previous year
3.The current year ending balance for each account is placed in the new year's beginning balance
4.The current year monthly totals are set to 0

 

Once you run the Year End utility, perform an Analysis to be sure the accounts have remained in balance.  Make any adjustments necessary or desired to beginning balances.