I went ahead and closed the year again in a Test company (after restoring a backup of the live data in there). Good news is that it did not double up the balance forward for the balance sheet accounts and it MARKED the year as historical. Bad news is that the P&L accounts did not close to the Retained Earnings. Correct setting for that is in place in GL. Besides manually entering a journal entry (that's a lot of accounts), is there a way to transfer the P&L accts to the Retained Earnings?
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