Use this parameter to define how carry-forward balances are managed for a general balance year-end simulation.

This parameter does not have any impact on the simulation carry-forward functionality.

A year-end simulation can include updating the balance of the carry-forward entries so you can generate inquiries and reports with balances being carried forward even if the previous fiscal year is not closed.

If Yes, the balance of carry-forward entries is updated in real time for the next open year-end balance.

For example:

Fiscal years 2015, 2016, and 2017 are open. A journal entry is posted for 2015 on the balance sheet accounts with carry-forward management and carry-forward records are created in 2016 in the general balance and in the pre-consolidated balance for ledgers with consolidation management.

If No, the balance of carry-forward entries is not created in the general balance nor in the pre-consolidated balance for the next open year-end balance.

For example:

Fiscal years 2015, 2016, and 2017 are open. A journal entry is posted for 2015 on the balance sheet accounts with carry-forward management.

When posting a journal entry in 2015, carry-forward records are not created in the general balance nor in the pre-consolidated balance for 2016. You need to run the simulation carry-forward functionality on 2016 to generate the carry forward records in both the general and pre-consolidated balances.

Level of localization/Global variable

This parameter is defined at the level Folder. It belongs to Chapter CPT (Accounting) and the Group FIY (Financial year end), The following parameters are also associated with this chapter and group :

The global variable GRAN is associated with it.

Functions impacted

The following functions are associated with this parameter :

  Financials > Journals > Journal entry

Comments

The CPTRES parameter defines the account used within the framework of the year-end simulations to achieve balance sheet equilibrium.