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Is it Better to Reclass Balances or To Merge Accounts Instead?
Hi, Gurus!
I have a situation where an account balance needs to move from 6xxx to 8xxx.
And I will need to move the last year's balance for each period.
I have 2 options:
Merge 6xxx into 8xxx, or
Reclass 6xxx balances for each historic period for last year to 8xxx.
Which would be a better practice here?
Any cons of the reclass option?
Thanks!
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