Clarification on Bank account statement ‘Balance Open’ and ‘Balance Close’ in General Journals

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Posted on by Olafsonn

Hello to everyone!

I’ve been exploring the General Journals and noticed something intriguing. On the lower right side, there’s a bank account statement with options for ‘Balance Open’ and ‘Balance Close’. Interestingly, they always show a zero balance.

I’m sure there’s a logical explanation for this, but it’s eluding me at the moment. Could anyone shed some light on how these options are used? Maybe a few examples could help me (and possibly others) understand better.

Thanks in advance for your insights! (when you see the picture scroll to the right).

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Ramit Paul 22,799 Most Valuable Professional on at

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Hi,

Which version you are in right now? I have a feeling this is a customization, because in standard this option is not available.

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Hana Xue Microsoft Employee on at

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Hi,
I also suspect it is customization, there is no such option in my standard test environment (version: 10.0.38). You can ask your developer or the person who customized this option to clarify what this option means.

Best Regards,
Hana

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