Note that Create Date is not the same as the transaction date. Therefore if on Jan 1 I enter a December transaction, reconcile the bank at Dec 31, and in Feb change that transaction this will not show on a report with a created on range of last year and last modified date of this year because the transaction was both created and modified this year. It would be useful for the audit report to show the transaction date as well as the modified date, and for the reports to allow a filter on a range of transaction dates.