When i apply the filter in date filter field of chart of account by …C311216 then net change value is x but when i apply the filter by …311216 then Net change value is Y.
Please let me know what is the difference. i know when i apply …311216 then all data is calculated before 311216 but what about …C311216.
Thanks & Regards
The closing date is in reality an extra day located between the last day in the accounting year and the new year.
It’s used primary when closing the books Here all the reversing/closing posts are posted on the closing date. Here it comes in handy, as it allows you to print the financial statements showing the years “correct” result, without the closing post.