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The Year End process. All of the Balance Sheet accounts rolled forward properly with the exception of Retained Earnings. What is the best way to resolve this?
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The Retained Earnings was classified as a Balance Sheet Posting Type. The Year End process was interrupted before it completed. That resulted in an unbalanced entry. To resolve this, I reversed the Year End process then re-ran it.
I am assuming the Retained Earning account had the incorrect posting type? If so, take a look at this article to resolve the issue:
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