Recalculate GL Balances

When posting Journal Entries, the system stores the calculated G/L Account Balances in a summary table. This summary table is used by many of the financial reports to quickly return Trial Balance, P&L, and other financial reports. At times due to imported data or other system functions, the summary table can become out of sync.

Use the Trial Balance Report screen to perform a Recalculate on the G/L Account Summary Data.

Pre-Requisites

1. Journal Entries

Step-by-Step Guide

1. Access the Ledger module.
   
   
   

2. Click Reports.
   
   
   

3. Click G/L Trial Balance.
   
   

   Open

   

4. Select an Accounting Period From and an Accounting Period To option.
   Note: Selected Accounting Periods must be in the Open status.
   
   
   

5. Click Recalculate.
   
   

   Open

   

6. Click Yes to the Confirm prompt.
   
   
   

7. Click OK to acknowledge the recalculation.
   
   
   

8. Optional: If more than one period was selected, the system will ask you to confirm each period. Repeat step #6 & #7 as needed.
   
   
   

9. When complete and returned to the screen, click the Cancel button to close.
   Re-Run your Financial Reports for updated results.
   
   Note: Click the Retrieve button on the Trial Balance screen is not suggested as this will ran an older, legacy version of the Trial Balance report.

10. Please run the Ledger --> Report Wizards --> Trial Balance.