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Why does the software require an explanation every time a manual change is made in a beginning balance, even if the change is made simply to correct an erroneous entry?

April 26, 2017Balance beginning explanation manual require Software time

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Why does the software require an explanation every time a manual change is made in a beginning balance, even if the change is made simply to correct an erroneous entry?

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A. The software is designed to require an explanation when a beginning balance is changed because the software pre-fills this field with the ending balance from the union’s report for the previous year. Absent an explanation, these figures should be identical.