You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

FCCS - Handling Zero Balances when loading Closing Trial Balance through Data Management

Received Response
46
Views
7
Comments
edited Dec 4, 2020 9:28AM in Financial Consolidation and Close 7 comments

Summary

Handling Zero Balances when loading Closing Trial Balance through Data Management

Content

We are currently loading the closing trial balance to 'Closing balance input' movement through Data Management. 

Scenario:

There's an opening balance for an account and during the next period, the balance had become zero.

Eg. March 31st Balance for Account 'ABC' --> 1000

      April 30th Balance for Account 'ABC' --> 0

When we are loading the trial balance zero balances will not be available in the trail balance. We noticed that when we do not send zero, the system keeps the opening balance without making it zero.

When loading closing trial balance to 'Closing balance input' movement, is there a way to load the Trial balance and make all other accounts zero automatically?

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!