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Status Potential for future consideration
Created by Guest
Created on Mar 21, 2024

Creating feature to allocate net income/(loss) to partner capital automatically.

This feature will benefit accountants and tax professionals by automatically allocating income to partner capital based on each partner's share of income. This feature should be an option when setting up new clients and can be changed at any time with admin level access. Currently, income is closed out to a single equity account at year end. This feature should grant the option to close out income to several equity accounts based on a percentage factor.

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