Opening Forward Balance Update - Field Descriptions

Use the table below for reference when completing the fields on this screen.

Fields/Buttons

Descriptions

Continue

Click to proceed with the update.

From fiscal year

Enter the year from which the balances are to be carried forward. For example, to update fiscal 2020 balances to 2021, enter 20. The year entered here must be included within the current fiscal calendar. During this update, the G/L account's status is used to determine if the G/L account's balance will roll forward from the previous year to the next year.