| Description |
*Acceptance Criteria:*
* We have to make sure that when printing the trial blance there is a way to insure that income statments zero at year end?
* If the zeroing of income statment accounts per the above point has impact upon retained earnings we have to account for that
*Details:*
We can not be forced to close a fiscal year prior to printing a financial statement for the following month
Many customers will print January monthly Profit and losses before they have closed their periods and we will have to account for that.
When you create a trail balance in the FRD - the income statement accounts should not have a beginning balance at the beginning of a year. But balance sheet accounts should
note that in our cab company - I created a "Canned" Trial balance and the opening balance was brought in for income statement accounts. This will create balancing issues.
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