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No need for Period end proccessing

Jan 31, 2017 at 05:12 AM


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Former Member


I have very basic question to ask.

I believe, period end processing is not required if Time Accounts is Permanent in nature? Because we create Permanent time accounts not to carry forward in further years. Entire time account balance must be utilized in one year of time only.

I am seeking the help to get enlighten more, if my statement is true.



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