Running Balance Forward Statements the First Time

When running the balance forward statements the first time for existing customers, follow a slightly different procedure to generate a starting balance forward balance that appears on the customer's first statement.

To run balance forward statements for the first time:

  1. Use the Statements Parameters page to run the Statements - Preprocessor multiprocess job (ARSTMT).

    Important! Do not select the Statements-Parallel/Prnt multiprocess job (STATEMNT). Also, do not run the Balance Forward Statement Print (ARX32001) or Balance Forward Stmt P w/Agiro (ARX32A01) process that prints the statement at this time.

    Use the end date of the previous statement period for the as of date.

  2. Run the Statements - Preprocessor multiprocess job (ARSTMT) again by using the current statement period for the as of date.

  3. Use the Statement Print page to run the Balance Forward Statement Print process for each AR_STMT# child process to print the statements.

Example

You run statements that contain activity that ends on September 30, 2000.

In the first run of the process, you enter August 31, 2000 for the as of date. Because the process does not find an as of date from a previous run, it extracts all activity from January 1, 1900 through August 31, 2000.

In the second run, you enter September 30, 2000 for the as of date. Because the system now has an as of date from the first run, it extracts activity from September 1, 2000 through September 30, 2000.