Carry forward schedules

A carry forward is a transfer of values from one period to another. Different to the Copy function, the Carry Forward Schedules function ensures that the closing balance of the base period is transferred to and matches the opening balance in the target period.

Usually, period 12 of the last year is selected as the base period. Any period of the current year can be selected as the target.

The Carry Forward Schedules function enables you to transfer closing balances of all data entry levels to the opening balance in the next period.

This function affects the TDETAIC and TSEGMOVC cubes. Data entry levels are those which are adjusted by import loads or manual data entries and not by the posting of journals.

On the Entity Parameter page, you can define different local currencies for different periods. If so, the currency exchange rate is used to convert all values during the data transfer from the source period to the target periods. If, for example, CZK is used for October 2023 and EUR for November 2023, and 1 EUR = 25 CZK, then this currency exchange rate is used: 1/25 = 0.04. 200 CZK from October 2023 are transferred to November 2023 according to this calculation: 200 CZK * 0.04 = 8 EUR

Note: Currency exchange rates must be defined on the Entity Currency Changes page. Otherwise, the process fails.

If the currencies of the source and target periods are the same, then the data is copied from the source period to the target periods without any currency conversion.