Balance Control

This page is used to summarize the financial transactions that belong to a particular balance control group.

Fastpath:

Refer to The Big Picture of Balance Control for more information.

Note:

Balance Control information is current only as of the Create Date/Time listed. The information displayed on the page is captured when the balance control background process is run. Any financial activity subsequent to the create date and time will not be shown.

Use Main Menu > Accounting > Balance Control to open this page.

Description of Page

This page displays summarized financial information for a particular balance control group. It also details financial information for all obligation types that belong to the group.

The following fields are displayed on the page:

Group ID: This is a sequential value that uniquely identifies a particular balance control run. The Group ID is assigned and incremented automatically every time the Balance Control background process is run.

Status: This is the status of the balance control record: Pending , and Complete . The status of the balance control record will only be pending while the balance control background process is being executed. Balance control information is only reliable if the status is complete.

Create Date/Time: This is the date and time that the balance control record was created. Financial information displayed on this page will only contain information for financial transactions frozen before this date and time.

Current Amount: This is the sum of the current amounts of all FTs that belong to the balance control group.

Payoff Amount: This is the sum of the payoff amounts of all FTs that belong to the balance control group.

Current Balance: This is the sum of the current amounts of all FTs that belong to this balance control group plus all earlier balance control groups. Therefore this is the instantaneous current balance of the entire CIS as of the create date and time.

Payoff Balance: This is the sum of the payoff amounts of all FTs that belong to this balance control group plus all earlier balance control groups. Therefore this is the instantaneous payoff balance of the entire CIS as of the create date and time.

The number of FT information details the number of bill segments, pay segments, adjustments and their cancellations that belong to the balance control group.

Adjustment: The total number of adjustments that belong to this balance control group.

Adjustment Cancellation: The total number of adjustment cancellations that belong to this balance control group.

Bill Segment: The total number of bill segments that belong to this balance control group.

Bill Cancellation: The total number of bill cancellations that belong to this balance control group.

Pay Segment: The total number of pay segments that belong to this balance control group.

Pay Cancellation: The total number of pay cancellations that belong to this balance control group.

The obligation type scroll summarizes the FTs that belong to a particular obligation type within the balance control group - otherwise all fields are defined as above. You can scroll through all obligation types that belong to the balance control group.

Obligation Type: The obligation type being summarized.