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Adjustments to Retained Earning Prior

edited Mar 12, 2019 4:16PM in Financial Consolidation and Close 1 comment

Summary

Post journals directly to Retained Earnings Prior account

Content

Hi guys,

Our client prefers to make the adjustments directly to FCCS_Retained Earnings Prior instead of using an adjustment account. Is there any warning against that practice? I couldn't find anything in the documentation. 

Please, let me know if you have some experience with that approach.

Thanks!

Ligia

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