Summary of Capabilities

The Calculating Average Balances feature enables you to report your organization's financial position using average, rather than period-end, balances. You can:

• Select which ChartField values are included in average balances.

• Select the time periods for ADB calculations from month-to-date, quarter-to-date, and year-to-date options—or define your own time periods.

• Report prior day and current average balances.

• Summarize ADB target ledgers for summary ledgers.