Establishing Distribution Balances

Use the following procedure to establish beginning balances of desired general ledger accounts.

Establish balances

  1. Access Self Balancing Report (AR197).
  2. Enter a Job Name, Job Description, and a Company number. The Company must be a valid company in Company (AR01).
  3. Select option 4 Establish Balances in the Select Options field. Establish Balances updates Accounts Receivable distribution records for the specified ending date, and creates distribution balance records as seen in Distribution Balance (AR99.6).
  4. Select the Establish Balances tab. Use the following guidelines to enter field values:
    GL Account Unit

    Select an Account Unit for the beginning balance record.

    GL Account

    Select an Account for the beginning balance record.

    GL Subaccount

    Select a Sub Account for the beginning balance record.

    Amount

    Specify an amount for the beginning balance record.