Daily balance calculation

The calculation of daily balances, aggregates, and averages is calculated when the Daily Balance action is run for a specified run date. The run date is used to determine the date up to which ADB is calculated.

The average daily balance calculation can be performed a monthly but balances are tracked daily. Only posted balances for the day or period are included in the calculation.

To run the Daily Balance action, a reporting basis must be enabled for average daily balance processing. Beginning balances or posted journal entries are used to calculate the daily balances, aggregates, and averages.