Bank Balances (tfcmg2101s000)

Use this session to maintain the bank balance.

LN calculates the bank balance by comparing the opening balance and closing balance of a bank account.

Field Information

Opening Balance

Enter the opening balance of the bank account which belongs to the selected transaction type.

You can compare the opening and closing balance of a bank account to calculate the increase or decrease in the bank balances in a specific period.

Closing Balance

The closing balance of the contra account which belongs to the selected transaction type.

You can compare the closing and the opening balance of a bank account to get the increase or decrease in bank balances in a specific period.