Versions

AM10 for SQL and Express (and higher versions)
AM 9 for LAN (and higher versions)

Module

GL

Question

Why am I seeing multiple entries in the General Ledger Listing report with a description of Adjusted Begin.Balance for XXXX (XXXX being the year)?

Answer

The Adjusted Begin Balance for XXXX entries are the adjusting entries automatically created by AccountMate when you post transactions dated in the prior year. These entries were created to adjust the beginning balance recorded at the time fiscal year-end closing was performed to bring it to the true beginning balance considering the prior year’s entries.