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How do trx's move to history in PA?

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There is no year-end close for PA, so how does a year become historical in Project Accounting? When running the Posting Journals > Billing report for PA, you need to indicate whether you're trying to pull Posting Journals from an open vs. historical year.  When do you know to select History versus Open?  The report currently runs for closed year 2012 but only if you select 'open'.


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