Advantages

• Group transactions by date allows for fast accurate reporting.
• Transaction dates confined to user-designated periods. Transaction dates are predetermined to be valid or invalid preventing transactions from being lost or miss placed due to dating errors.
• Period overlap, flexible reporting without the need for large time-consuming data sorts.
• Balance Forward. If your accounting requires that a Report Period be closed (Monthly, Quarterly, Year-to-Year) balances from one or more closed Report Periods may be quickly forwarded to open Report Periods.