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Auto Increment in Transfer Costs to Cost Management

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I have scheduled "Transfer Costs to Cost Management" ESS job every 10 minutes and have enable the Auto-Increment option. Can someone explain the functionality of it? If the cut off date in the first program which is scheduled to be run at 10.00 AM on 17th of July is 15-Jul-2022, will the cut off date of the second program which will be run at 10.10 AM on 17th of July be 16-Jul-2022?

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