Exam4Training

Which is recommended for setting up new accounting periods?

Which is recommended for setting up new accounting periods?
A . use one-day year end adjustment period for year-end closing journal entries to retained earnings
B . create accounting period one at a time to avoid multiple open periods
C . Use set-up full year to generate all periods at once for full year
D . set up new year and new quarter at the beginning of the fiscal year

Answer: C

Exit mobile version