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      Release Notes for LOU71.1

      Release Date: June 13 2024

      Happy Father's Day to all the dads out there!

      New Features

      No new features in this patch release

       

      Feature Changes and Enhancements

      No changes or enhancements in this patch release.

       

      Bug Fixes

      • LOU Accounting – Balance Sheet: We corrected an issue that caused the Balance Sheet to display an error.
      • LOU Accounting – Retained Earnings: We adjusted the go-live Beginning Balance Journal Entry to be dated the same as the accounting go-live date so that Retained Earnings and Net Income amounts are accurately reflected on the Balance Sheet.
      • LOU Accounting – Retained Earnings and Net Income: We adjusted the formulas used to calculate Net Income and Retained Earnings for the Income Statement and Balance Sheet to correctly reflect the totals expected.