Submit your Suggestions for Spectrum

Automate Opening Forward Balance Update in GL

It would be helpful when closing the year to have opening balances in new year automatically updated every time an entry is made in the prior year.  Currently we have to run the opening forward balance update often.

  • STEPHEN CURCIO
  • Jan 8 2020
Company COMANCO Environmental Corporation
Job Title / Role Controller
I need it... 1 month
  • Attach files
  • Christine Thomas commented
    January 16, 2023 21:13

    Automating accounting processes is one of our main goals in 2023. We need the system to do the work instead of all the manual processes which cost time and money.

  • STEPHEN CURCIO commented
    January 06, 2023 12:27

    Automating the opening forward balance in the Equipment Control Module is needed as well.

  • STEPHEN CURCIO commented
    January 06, 2023 12:26

    An enhancement should be made so that when you run opening forward balance for one company it copies over for all companies so you do not have to go into each company and run this procedure.

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