When using Multi-Book Accounting, which statement is true about the period end close process?
When using Multi-Book Accounting, which statement is true about the period end close process?
In Multi-Book Accounting, the period end close process allows for the closing of all books that have the same close status simultaneously. This streamlines the closing process and ensures consistency across books with the same status, avoiding the need to close each book individually.
maybe C is correct, I am not sure