Copying opening balance

You can copy or import the opening balance. This section explains the procedure and available options of copying the Opening Balance. For more information on importing the opening balances, see the Opening balances in Budgeting & Planning section in the Application Data Model document.
  1. Click Home.
  2. Select Application Configuration > Configuration Set-specific Settings > Data Transfer > Global Processes.
  3. Select the source configuration set, version, entity, frequency, and period.
  4. Select the target configuration set and version.
  5. Define the scope of the target's Sum of Opening Balance.
    • Select the Opening Balance check box to copy the movements and the opening balances one to one from the source to the target.
      Note: Opening balances are copied for the first year where actuals are available. The remaining opening balances are calculated by a rule.
    • Do not select the Opening Balance check box to copy only the movements from the source to the target.
  6. Click Initiate Transfer.