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Note

The GST Explorer for BAS enables closing of BAS periods without closing financial periods. Any transactions that are added to a closed BAS period are reported in the next BAS period as a change from the previous period.

Roll Account Totals recalculates all the GL Accounts for all time until the last closed period and also updates the retained earnings for each year.

The Standard Financial Reports Module in the system use the calculated Retained Earnings Figure

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