Why would I use beginning transaction cut-off dates when running statements?
When you want all work-in-process for a client to be billed, it is not necessary to use a beginning date for statements. However, you may not want statements for progress and contingency clients to include all fees every month. You may want to send an informational statement that shows what work has been performed for a specified time range without actually billing the work. In order to prevent transactions from the previous statements from appearing again on the next statement, you must specify a beginning date.
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