Period Number to be Carried Forward: Used to specify the period number of the company, which will be carried over to new period.
New Period Number: Used to enter new period number that old data will be transferred to.
New Period Dates: The field that displays new period's (the transfer will be done to) start and end dates. Because firm's new period is generated before the carrying over operation, the date info belongs to the new period generated by user comes as default.
Accounting Transfer: Used to specify the accounting transfer method.
The parameter consists of the following options:
- Over Transactions
- Over Totals
Over Transactions:
- End-of-year balance is brought to the opening slip by considering account transactions according to division, transaction currency types, overhead pools and project code info. Also, overhead pool and project distribution is displayed in opening slip lines.
Over Totals:
- End-of-year balance is brought to the opening slip by considering account totals according to divisions.
- Account balances are transferred over local currency without considering overhead pool, project, and transaction currency information.
- A general ledger account's total balance is carried over to new period as a single transaction line.
G/L Closure Slip: According to this parameter, as G/L closure slips can be generated in old period, accounting openings can be generated for new period without generating closure slip.
Divisions To Be Transferred When G/L is Carried Forward: It is provided to carry over G/L for specific divisions. This parameter line is used to select divisions to be transferred. Opening and Closure slips will be generated for selected divisions.
!! This feature will be provided when carrying over is done beginning from 1.90.00 version.
Slip Numbers: Used to determine whether the following slip types will be transferred to the new period with their existing numbers or with new slip numbers according to the record numbering template.
Parameter line contains following options:
- Old numbers will be used
- Assign new numbers
If "Assign new numbers" option is selected, new period's record numbering template has to be generated already.
When "Old numbers will be used" is selected, in the event of a coincidence in slip numbers, these slips will not be transferred to the new period.
Probable slips that new recording number can be assigned to:
- Undelivered Orders
- Unreturned and unbilled consignment input slips
- Unreturned and unbilled consignment output slips
- Production orders in "Not Started" status.
Material Transfer: (Costs Will Be Calculated/ Only Amounts Will Be Carried Over)
When Only Amounts Will Be Carried Over is selected, by the end of the fiscal year as if cycle count has been done, material quantities will be transferred without any cost calculation over their main unit.
At the end of the past period, the stock quantities below negative inventory level will also be transferred as negative at material opening slip.
In the event of quantity transfer for the materials tracked by lot / serial system, because the carrying over operation will be done by establishing a transaction relation, unit price info will be listed in generated opening slip too.
When Costs Will Be Calculated is selected, inventory quantities are calculated basis on warehouse cost groups according to firm's costing method.
Consider Inputs First For Daily Transactions: When costing maintenance is run by this filter, negative level (which occurs when first output then input operations are performed in daily transactions) will be prevented, and while calculating costs, first all input slips (entered on previous day) are considered as recorded, and then cost of output slips is calculated by considering all of these inputs.
Fixed Asset Transfer Should Be Done: The option which is used to determine whether fixed asset cards will be transferred to new period in material opening slip, order slip and proforma invoice or not.
AR/AP Transfer: The parameter line that is used to specify the carrying over method for accounts (receivable/payable). Contains the following options:
- In last balance (AR/AP)
- In last balance (AR/AP) (without RC)
- By payment / collection
- In last balance (Trading Group)
- In last balance (Trading Group) (without RC)
If "In Last Balance (AR/AP)" is selected: (Carrying over is done over AR/AP Total balance)
- In the event of transferring the accounts with their last balance, the balances are disintegrated basis on divisions and according to transaction currencies. In this case, for each division a single opening slip will be generated and the accounts' (receivable / payable) balances will be listed in these slips separately according to the transaction currencies.
- The balance according to the divisions is calculated as below:
AR/AP extract is taken basis on the transaction currency types in each division that AR/AP had transaction. The difference between the total debit amounts of that division in related transaction currency and total credit amount give the AR/AP balance in related division.
Total Debit Amount– Total Credit Amount (in related transaction currency in related division) = AR/AP Balance (in related division)
- After this opening, AR/AP's total balances on card (local currency, transaction currency totals and reporting currency) and total its total balance at the end of the previous period have to be consistent with each other.
- The account's local currency, reporting currency, transaction currency balances should not be dissonant. That is to say, in case the account's local currency balance is Debit when its currency balance is Credit, the will be problems when carrying over is done over the last balance.
- In opening slips, which are generated as a result of the transfer over last balance, each account (receivable/payable) will be located as a single line for each transaction currency that has balance.
If "In Last Balance (AR/AP) (without RC)" is selected:
- In the event of carrying over in last balance without reporting currency, regardless of reporting currency balances, the carrying over is performed over the amounts in transaction currency and local currency.
If "In Last Balance (AR/AP) (without RC) (No Risk Tracking)" is selected:
- In the event of carrying over in last balance without reporting currency with no risk tracking, regardless of reporting currency balances, opening slips are generated over transaction currency and TL amounts without considering risk parameters.
!! This feature will be provided when carrying over is done with 2.04.00 version.
If "In Last Balance (AR/AP) (without RC) (Based on Project)" is selected:
- In the event of carrying over in last balance without reporting currency based on project, regardless of reporting currency balances, amounts in transaction currency and TL are written to opening slip after totals are calculated based on project.
!! This feature will be provided when carrying over is done with 2.04.00 version.
If "By Payment / Collection" is selected:
- The transactions, except the closing transactions executed by the user in debt tracking window, are grouped by considering the transaction currency types and division info and take place in opening slips as separate lines. A payment date is assigned to each line.
- After that opening, there mustn't be any discrepancy between the accounts' total balances (local currency, transaction currency totals and reporting currency) and their total balance at the end of the previous period.
If "Over Payment/Collection (Based on Salesperson)" is selected:
- In the event of selecting this option, opening slip lines are generated according to salespersons.
- In AR/AP debit tracking window, the transactions except for closing transactions performed by users are grouped considering transaction currencies, division info and salespersons and displayed in opening slips as separate lines. Each line's payment date is listed.
- AR/AP total balances on card (Local Currency, Transaction Currency Totals and Reporting Currency) must be consistent with the total balances at the end of previous period.
!! This feature will be provided when carrying over is done with 2.04.00 version.
If "Over Payment/Collection (Based on Project)" is selected:
- In the event of selecting this option, opening slip lines are generated according to project codes.
- In AR/AP debit tracking window, the transactions except for closing transactions performed by users are grouped considering transaction currencies, division info and project codes and displayed in opening slips as separate lines. Each line's payment date is listed.
- AR/AP total balances on card (Local Currency, Transaction Currency Totals and Reporting Currency) must be consistent with the total balances at the end of previous period.
!! This feature will be provided when carrying over is done with 2.04.00 version.
If "In Last Balance (Trading Group)" is selected: (Carrying over is done by calculating totals based to trading group over AR/AP transactions)
- In the event of transferring the accounts (receivable / payable) over last balance (trading group), when balances are decomposed based on divisions and according to transaction currency, Trading Group option is considered too. In this case, a separate opening slip will be generated for each division and balances will be listed separately according to transaction currency and trading groups in these slips.
- When balance is calculated according to the divisions, AR/AP transaction currency extract (for each division) is taken according to the trading group. In related division, the difference between total debit amount (belongs to the related currency type according to trading group) and total credit amount gives the AR/AP balance in related division according to trading group.
- If trading group has not been specified in transactions, when carrying over is being performed, the lines are transacted as in "In last balance (AR/AP)" option and written to opening slip lines.
- In the event of selecting "In last balance (Trading Group)" option, the AR/AP in generated opening slips will be written as a single line for each transaction currency that has balance according to trading group.
If "In Last Balance (Trading Group) (without RC)" is selected:
- When carrying over is performed by calculating totals based on trading groups over AR/AP transactions, regardless of reporting currency balances, the totals calculated based on trading groups and divisions and transferred over transaction currency. In that case, opening slips will be generated separately for each division and their balances will be listed separately according to trading groups and transaction currency.
- When balances are calculated according to divisions, the transaction currency extracts are taken according to trading groups for each division of AR/AP. In that division, according to trading group, the difference between total debit amount and total credit amount in related currency type gives the balance of that AR/AP according to trading group in existing division.
- If trading group is not specified in transactions, when carrying over is performed, the opening slips are generated as in "In last balance (AR/AP)" option.
- In the event of performing carrying over in last balance over trading group, in generated opening slips, accounts (receivable/payable) will be listed as single lines for each transaction currency having balance according to trading group.
If "In Last Balance (Trading Group) (without RC) (Without Risk Tracking)" is selected:
- When carrying over is performed after taking totals based on trading group over AR/AP transactions, without considering RC balances and risk parameters, totals are calculated based on trading group and carrying over is done over TC and TL amounts.
- In the event of transferring accounts (receivable/payable) in last balance (trading group) (without RC) (without risk tracking), when balances are separated based on divisions according to transaction currency, trading group option is also considered. In that case, separate opening slips will be generated for each division and their balances will be listed separately according to trading groups and transaction currency.
- When balances are calculated according to divisions, the transaction currency extracts are taken according to trading groups for each division of AR/AP. In that division, according to trading group, the difference between total debit amount and total credit amount in related currency type gives the balance of that AR/AP according to trading group in existing division.
- If trading group is not specified in transactions, when carrying over is performed, the opening slips are generated as in "In last balance (AR/AP)" option.
- In the event of performing carrying over in last balance over trading group, in generated opening slips, accounts (receivable/payable) will be listed as single lines for each transaction currency having balance according to trading group.
!! This feature will be provided when carrying over is done with 2.04.00 version.
If "In Last Balance (Trading Group) (without RC) (Based on Project)" is selected:
- When carrying over is performed after taking totals based on trading group and project over AR/AP transactions, without considering RC balances, totals are calculated based on trading group and project card and carrying over is done over TC and TL amounts.
- In the event of transferring accounts (receivable/payable) in last balance (trading group) (without RC) (based on project), when balances are separated based on divisions according to transaction currency, trading group and project code option is also considered. In that case, separate opening slips will be generated for each division and their balances will be listed separately according to trading groups, project codes and transaction currency.
- When balances are calculated according to divisions, the transaction currency extracts are taken according to trading groups and projects for each division of AR/AP. In that division, according to trading group and project code, the difference between total debit amount and total credit amount in related currency type gives the balance of that AR/AP according to trading group – project code in existing division.
- If trading group and project code is not specified in transactions, when carrying over is performed, the opening slips are generated as in "In last balance (AR/AP)" option.
- In the event of performing carrying over in last balance, without RC over trading group and based on project, in generated opening slips, accounts (receivable/payable) will be listed as single lines for each transaction currency having balance according to trading group and project code.
!! This feature will be provided when carrying over is done with 2.04.00 version.
AR/AP Risk Parameters: Do not Carry Over / Carry Over: If "Carry Over" is selected, the risk parameters (Risk factors, totals and limits) defined in AR/AP card are transferred to new period completely.
AR/AP Collateral Risk Parameters: Do not Carry Over / Carry Over: If "Carry Over" is selected, the collateral risk parameters defined in AR/AP card are transferred to new period as they are.
NFS Check / Bounced P. Note (Check/P.Note Risk): Do Not Carry Over / Carry Over: The parameter about the NFS checks total and bounced p. note total fields located in AR/AP record's risk tab. If the parameter is specified as "Carry Over", the amounts in these fields at the end of the previous period are transferred to new period completely. These fields are zeroized if "Do Not Carry Over" option is selected.
Due Date of Check/P. Note: The check and p. notes that their due dates are coincided to the date before the specified due date are not transferred to new period. Check / P. Note due date fields contain 4 characters space.
Calculating: A checks due date is taken as 10 that its due date meets 10 days before end of the period and if this parameter is not greater than 10 or is not equal to 10, that checks transfer is not done.
Endorsement Tracking Period: If the difference between check/p.note endorsement date and end of period date is greater than the date entered here, that checks and p. notes are not transferred. Endorsement tracking period field contains 4-character space.
Irrevocable Checks / P. Notes: Will be Transferred/ Will not be Transferred: The parameter is used to specify whether the existing irrevocable checks and p. notes in previous period will be transferred to new period or not.
NFS Check / Bounced P. Note: Will be Transferred/ Will not be Transferred: The parameter is used to specify whether the existing NFS checks and bounced p. notes in previous period will be transferred to new period or not.
Proforma Invoices: Will be Transferred/ Will not be Transferred: The parameter is used to specify whether the existing proforma invoices in previous period will be transferred to new period or not.
AR/AP Exch. Rate Diff. Transactions:
Transfer: The exchange rate difference transactions, generated in previous period, are transferred to new period with posting sign.
Will not be Transferred: The exchange rate difference transactions, generated in previous period, are not transferred to new period.
Safe Deposit Exch. Rate Difference Transactions: Will be Transferred / Will Not Be Transferred:
Will Be Transferred: The exchange rate difference transactions, generated in previous period, are transferred to new period with posting sign.
Bank Exch. Rate Difference Transactions: Will be Transferred / Will Not Be Transferred:
Will Be Transferred: The exchange rate difference transactions, generated in previous period, are transferred to new period with posting sign.
Conversion Factor: Conversion factor will be assigned as "1" as default.
Some of the transactions or all these transactions can be completely transferred to new period that are ready for carrying over.
Sections to Carry Over: The parameter used to specify the sections that will be carried over. The field contains eight options:
- Material
- Order
- Demand, MPS and MRP
- AR/AP
- Safe Deposit
- Bank
- Check / P. Note
- General Ledger
As some of these transactions can be transferred to new period, all of them can be completely transferred to new period however.
AR/AP Record Matching: This parameter line is used to determine the method for AR/AP record matching in carry-forward transaction after copying the company. This parameter has two options:
- Over Card Reference
- Over Card Code
When "Over Card Reference" option is selected, card references are compared, and record matching is performed according to the Logicalref. Carry-forward is performed between the AR/AP records with the same card reference.
When "Over Card Code" option is selected, AR/AP records are matched by code. Carr-forward is performed between the AR/AP records with the same code.
Number of Opening Slip Lines: Used to specify the number of lines of opening slips that will be generated at the end of carrying over transaction. Default value is 300. In the direction of value entered here, lines are recorded to opening slips and then new slip is generated.
!! This feature will be provided when carrying over is done beginning from 1.90.00 version. Details are specified in 1.90.00 Carrying Over Regulations part.
Transfer Undeducted (VAT) Purchase Invoices: It is used to determine whether the purchase invoices to which "Deductible VAT List" statement is not transferred, will or not be transferred to the next period. It has two options: Yes and No.