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Automatic reversing entries is important feature for accountants and those concerned with retaining impeccable audit trails. When data in one form is changed, an automatic reversing entry is recorded in the trial balance. If a mistake is saved after changing an entry, automatic reversing entries allows BIS users to quickly go back and reinstate the original entry or entries.
Automatic reversing entries are integrated and free of additional charge in each of BIS Standard, Professional and Enterprise editions.
"Automatic Reversing Entries" is part of the BIS - Builder Information System line of products, developed by Management Information Control Systems.