ACCOUNTENDINGBALANCE function

Created by Harry Lewis, Modified on Wed, 16 Oct at 4:38 PM by Harry Lewis

Applies to

  • Velixo Classic

  • Velixo NX

  • Acumatica, MYOB Acumatica, Cegid XRP Flex

  • GL Module

  

Description

The ACCOUNTENDINGBALANCE function calculates the ending balance of one or more general ledger account(s) as of a specific period - some organizations refer to this as the PeriodEndingBalance or PeriodClosingBalance for an account.



TABLE OF CONTENTS

 

Syntax

ACCOUNTENDINGBALANCE(Connection, Ledger, AccountClass, Account, Subaccount, Branch, AsOf, IncludeUnposted, UseMasterFinancialCalendar)

  

Parameters

The ACCOUNTENDINGBALANCE function uses the following parameters (see our article on Filtering Velixo Functions and using Excel arrays and cell ranges as parameters):


Parameter

Required/Optional

Description

Connection

Required

The name of the connection, as specified in the Connection Manager

Ledger

Required

Ledger to use in the calculation.

AccountClass

Optional, though required if Account is empty

The account class to use for the calculation.

Account

Optional, though required if AccountClass is empty

The general ledger account(s) to use for the calculation.

Subaccount

Optional

The general ledger subaccounts(s) to include.

Branch

Optional

The branch(es) to include.

AsOf

Required

The financial period, in MM-YYYY format

or

a reference to a cell containing a date in a valid Excel format

IncludeUnposted

 

Optional

1 - Include posted transactions only (default)

2 - Include Unposted transactions onl

3 - Include Posted and Unposted transactions*

(notes: 

  • Transactions with a status of "On Hold" are excluded. When Unposted transactions are included, the following two statuses are included: Balanced, Unposted
  • If a document is still in the AR module (e.g., Invoice), the corresponding GL batch has not yet been created, thus the balance for that document will not be reflected).

While Excel for Windows allows the use of quotation marks around this parameter, Excel for Mac and Excel Online require that it be unquoted.


Use Master Financial CalendarOptional

Use Acumatica's Master Financial Calendar instead of the financial calendar defined within the specific tenant associated with the connection being accessed (this can be useful for consolidation reports).


Possible values:

  • True
  • False (default)

 

Examples

Given this data:

 

sampledata.png

Example 1

  =ACCOUNTENDINGBALANCE("Demo", "ACTUAL", , "10200",,, "01-2019")

Description: Calculates the ending balance of posted transactions to General Ledger account #10200 (as noted in cell B6) for the 7th period of the year 2019 (as noted in cell G1).

 

Result: 45,042,790

 

end_bal_period.png

Example 2

  =ACCOUNTENDINGBALANCE("Demo", "ACTUAL", , "10700",,, $D$4, 3)

Description: Calculates the ending balance of the combined posted and unposted (as noted by the last parameter: 3) transactions to General Ledger account #10700 (as noted in cell B8) as of January 15, 2019 (as noted in cell D4).

 

Result: 4,421,510

 

 

Limitations to filtering by date instead of financial period


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