Your current out of the box balance sheet does not roll over balances from the previous year, the trial balance is the same. This does not meet GAAP requirements much less basic financial analysis requirements. All other accounting applications provide this out of the box, except yours.
Guest
| Company | Comfortrol, Inc. |
| Job Title / Role | Controller |
| I need it... | Yesterday...Come on already |
Dear Viewpoint Suggestion Box contributor;
We at Viewpoint sincerely thank you for your contribution to Suggestion Box on how we can improve Viewpoint products. While we can’t do everything at once, we rely upon your feedback to help guide the prioritization of our product improvements, and Suggestion Box is a critical tool for us to understand and prioritize our customers’ needs.
Viewpoint reviews Suggestion Box regularly for all of our products and updates statuses, adds comments, and performs various house-keeping (including deleting) as needed to ensure that Suggestion Box is maintained as a productive environment for product enhancements requests.
© 2023 Trimble Inc. All Rights Reserved. Viewpoint®, Vista™, Spectrum®, ProContractor™, Jobpac Connect™, Viewpoint Team™, Viewpoint Analytics™, Viewpoint Field View™, Viewpoint Estimating™, Viewpoint For Projects™, Viewpoint HR Management™, Viewpoint Field Management™, Viewpoint Financial Controls™, Vista Field Service™, Spectrum Service Tech™, ViewpointOne™, ProjectSight® and Trimble Construction One™ are trademarks or registered trademarks of Trimble Inc. or its affiliates in the United States and other countries. Other names and brands may be claimed as the property of others.
It would be nice to have the Open Forward Balance Update automated. As many entries are made to close the year this feature would be very helpful in not having to remember to update after another journal entry was made.
Hello there!
It sounds like the Open Forward Balance Update needs to be run here. This option takes the ending balances of the fiscal year and rolls them over into the new fiscal year. (GL | Period End | Open Forward Balance Update).
We don't have out of the box financial reports as they need to be created with your chart of accounts...I may not be understanding the request here, so as always let me know.