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I'm struggling to understand why the journal transferring balances from the profit and loss nominal codes to retained profits isn’t shown during the year-end process. It would make complete sense to display this movement clearly. (The journal wiping out the profit and loss nominal code at year end). In Sage 50, this is visible, but Sage 200 seems to make it more difficult to trace, requiring additional effort to integrate the data. Aren’t system upgrades supposed to simplify processes rather than complicate them?
Idea Benefit | Saves time |
How do you solve for this problem today? | By running additional reports |
Product Variant | Sage 200 Professional (SPC), Sage 200 Professional, Sage 200 Standard |