Subject RE: [IBO] Correct Transaction Handling
Author Alan McDonald
> Isn't the ending balance of each month the same as the starting
> balance of the next month? Why store both?
> Thanks for your help,
> Paul

because they are in different periods, so they're not the same.
They are stored out for each ledger for one period and in for each ledger
for each next period.
All reporting can be maintained within one period without going to get the
closing from the previous period.