Inactive GL Accounts

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Posted on by Tracy Yaklyvich

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Now understanding that inactive gl accounts are removed when a year is closed, is it better to just uncheck Allow Account Entry? Do reports, including FRx, include inactive accounts if there was activity for the period being reported? I am ok if the accounts are "gone" as long as that will not affect reports run for prior years. Thanks.

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Re: Inactive GL Accounts

The Year End Closing process for General Ledger will delete a GL account marked as Inactive in the Account Maintenance window and has met the following criteria for an account to be deleted:

• No balance

• No activity for an open period

• No account history amounts

• Not part of an allocation account

• Not part of an unposted transaction

• No multicurrency data

• No transaction history records

FRx would only need the acocount if a historical balance exists, and if a historical balance does exist...it will not be deleted.

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