Reviewing Monthly Account Balances

Access the Account Balances form.

Balance Forward

Displays the cumulative prior year-end balance. The system uses this amount as the beginning balance for balance sheet and job cost carry-forward accounts.

Note: Do not confuse this amount with the prior year-end net posting amount. The prior year-end net posting amount includes only the postings from the prior year. It does not include the ending balance of the previous year. The prior year-end net postings are typically used for profit and loss statement comparisons.

PYE Net Postings (prior year-end net postings)

Displays the prior year-end net postings. The system uses this number for profit and loss statement comparisons.