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period closing

 

I would like to know if there is a module available to facilitate closing of accounting periods? (updating inventory / cost of goods sold accounts in case of periodical accounting, updating retained earnings account, etc.) Or is the easiest method to use a "centralized counterpart" journal and make all those entries manually?

Thanks,
--
David Janssens
Almacom (Thailand) Ltd.
http://almacom.co.th/