Average Daily Balance Company Setup (AD10.1)

Use Average Daily Balance Company Setup (AD10.1) to define the balance sheet accounts that will have an average daily balance calculated. You can also indicate that you would like to update historical or daily amounts. The system displays all account numbers less than the first revenue account for the company and accounting unit selected. An interest account or a ratio total name is required for each ADB account. Interest accounts are used to calculate the cost of funds or yield against the average daily balance.