When Print Financial Statements (RGFS) runs, it creates a temporary file from which it prints the statements.
Y = The system will recreate the temporary file. You should always enter Yes in this field, unless you want to print another copy of a financial statement(s) you previously printed.
N = The system will not recreate the temporary file. It will simply reprint the statement(s) it previously printed, which would not reflect any changes that were made to the general ledger between now and the last time you printed them.