Accounting transfer can be done by two different selections as,
- Over Transactions
- Over Totals
Over Transactions
End of year balance is transferred to opening slip by considering account transactions according to Division, Transaction Currency type, Overhead Pool and Project code information. In opening slip lines at the same time Overhead Pool and Project Code distributions are displayed.
The Numeric fields in G/L account card and related windows after carrying over operation:
Debit, Local Currency, Reporting Currency, Unit: In G/L opening slip, if related account's transferred balance is debit, it is displayed in this field.
Credit, Local Currency, Reporting Currency, Unit: In G/L opening slip if related account's transferred balance is credit, it is displayed in this field.
Balance: Debit - Credit
Account Summary: In G/L opening slip related account's transferred balance is displayed in opening part of this window.
Totals in F. Currency: In G/L opening slips related account's transferred transaction currency amounts and their values in local currency are displayed in this window.
The fields of Overhead Pool card after carrying over operation:
Debit, Local Currency, Reporting Currency: In G/L opening slip, if related overhead pool's transferred balance is debit, it is displayed in this field.
Credit, Local Currency, Reporting Currency: In G/L opening slip, if related overhead pool's transferred balance is credit, it is displayed in this field.
Balance: Debit - Credit
Account Summary: In G/L opening slip related overhead pool's transferred balance is displayed in opening part of this window.
Totals in F. Currency: In G/L opening slips related overhead pool's transferred transaction currency amounts and their values in local currency are displayed in this window.
A G/L account's total balance cannot be transferred as a single transaction line. Before the carrying over, balance amount are disintegrated according to these two criteria:
According to Transaction Currency Type: After account balances are disintegrated according to overhead pools they are also disintegrated according to transaction currency types and local currency.
According to Division: Disintegrated balances according to transaction currency types are also disintegrated according to division numbers of transactions.
The lines that overhead pools are entered cannot be transferred according to overhead pools. Each balance belongs to each account are transferred to account distribution details after they disintegrated according to divisions and transaction currency types.
Eventually, each G/L balance belongs to each division generates separate opening transactions that their division numbers are different. Besides, separate opening transaction lines are generated also for G/L account's overhead pool and transaction currency information. Overhead pool, transaction currency type, currency amount and its value in local and reporting currency take place in these transactions. (Exchange rate is calculated as, transaction currency balance / local currency)
Project code info is also considered in overhead pool transactions.
G/L exchange rate difference slips are listed as budget in opening slips.
Over Totals
End of year balance is transferred to opening slip by considering account totals according to divisions.
Without considering Overhead Pool, Project, Transaction Currency information, account balances are transferred over local currency.
A G/L account's total balance is transferred as a single transaction line.
G/L exchange rate difference slips are listed as balance in opening slips.