Performing an Average Balance Inquiry
You can use average balance inquiry to review information about the average or end-of-day balances of any balance sheet account. You can view summary and detail balances, as well as drill down from your summary balances to your detail balances. You can view functional as well as translated balances.
To perform an average balance inquiry:
1. Navigate to the Average Balance Inquiry window
2. Enter the range of effective Dates to include in your inquiry.
3. Specify your Currency parameters:
- Select Single Currency and enter a Currency to see balances for a single currency only.
- Select All Currencies to see account information in all currencies.
- Select Entered from the Type poplist to see balances entered in the specified currency. Select Translated to see balances translated to the specified currency.
4. Choose a display and precision Factor:
Units: Full precision; rounds to two decimal places.
Thousands: Divides balances by 1,000; rounds to three decimal places
Millions: Divides balances by 1,000,000; rounds to three decimal places
Billions: Divides balances by 1,000,000,000; rounds to three decimal places.
5. Enter an optional Summary Template name to restrict your inquiry to only those summary accounts associated with that template.
6. Query the summary or detail Account(s) you want to review. If you entered a summary template, you can only query summary accounts associated with that template.
7. Choose Show Average Balances to review balances for the current account based on your inquiry criteria.
See Also
Detail Average Balance Inquiry
Summary Average Balance Inquiry
Overview of Average Balance Processing
