on 04-17-2012 4:40 AM
hi
We have an account set up as a profit and loss account. The balance in the profit and loss account also rolled up to the retained earnings account for the past two years. Now we want to convert this to a balance sheet. Is it possible and if so how? Are there any correction programs that need to be run.
Please suggest.
Raj.
Hi,
You have to use different account.
Regards,
Eli
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