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Is there such thing as tracker in ARCS?

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edited Oct 29, 2018 1:36AM in Account Reconciliation

Content

For example I have 2 Recording Provision. Recording Provision - legal matter 'A' and Recording Provision - legal matter B.

In legal Matter A, these are the sample figures that I have:

Account Name              Debit/Credit

Account 1                          -1000

Account 2                           1000

-------------------------------------------------------

In Legal Matter B the figures are:

Account Name                Debit/Credit

Account 1                           -700

Account 2                             700

--------------------------------------------------------

In Legal Matter A, I have a bank Charging

Account Name                  Debit/Credit

Account 1                         500

Vendor Payable/Bank     -500

------------------------------------------------------

Period End(Remaining Balance in Account 1 would be:

Remaining Balance for Account 1 in Legal Matter A:   -500

Remaining Balance for Account 1 in Legal Matter B:    700

So the total Balance for the 2 legal matters is 1200.

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