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To how many prior periods can you post using Allow PBCO Postings?

Question:  If you set the field, Allow PBCO Postings, to Y in the General Accounting Constants (P000909), how many periods back does the system allow you to post?

Answer:  If you set Allow PBCO Postings to Y, the system allows you to post to any prior period within the fiscal year as defined by your date pattern.

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