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    You are configuring the year-end setup in Dynamics 365 for Finance and Operations.
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    * The accounting adjustments that are received in the first quarter must be able to be posted in to the previous year's Period 13.
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    * Define the Year-end close template.
    * Designate a retained earnings main account for each legal entity.
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    Explanation
    References:
    https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/year-end-close

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