On Friday, 4 September 2026 16:34:09 BST Marty Landman wrote:
> Out of curiosity, since I am neither an accountant nor a bookkeeper. Is
> there a valid reason that someone might want to enter such a transaction?
> 


Yes.

Some sort of memo or reminder that is not a real transaction in that there is 
no actual transfer of money etc.

I put a **CLOSED** in things like old credit card accounts once the 
institution actually kills the account.  (which is on a different date than my 
final payment)

I'm sure others have their own ideas!

0.02
Maf.



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