Zone Balancing (GL148)

Run Zone Balancing (GL148) to balance zones within a zoned company, after a level reorganization that involves an accounting unit move between zones. You can also run GL148 to balance zones when the zone balancing feature is turned on for the company after transactions have been processed.

The report specifies the amount of the adjustment made to each affected zone.

Processing Effect

An offset transaction is created to balance each zone that is affected by the reorganization. The default zone relationship accounting unit and account will be used in the balancing entry. A journal entry is created for each period and year in which transactions exist.