Yesterday I was discussing prior month GL balances with a client who went live in May. They were looking back at a specific account's activity for January, February, and March, and they were confused by what they saw. For the sake of argument, let's say that they saw a $100 credit for January, a $50 debit for February, and a $200 credit for March. So they were concerned as to why each month would only have credit or debit activity and not both. Of course, it was the end of a long day and...(read more)![]()
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