SKV report contains dynamic data. They are termed as such since they refer to the balance of receivables nad payables from the previous period. Any current increase or decrease in receivables or payables is then added to this.

To successfully create an SKV report for the current month you have to provide closing balance from the previous period. The same way you have to enter the opening entry of the general ledger for sake of correct accounting records.

To set up the initial balance you have to find receivables and payables balance by countries and currencies for the PREVIOUS month. Click Find in the panel for creating and displaying SKV reports.

You can only find initial balance of the first SKV report in the database! The initial balance is equal to the closing balance of the previous month!

Attempting to lookup initial balance from the database where exists at least one SKV report returns an error (see You can search for the initial balance only for the first and only calculation or for the first calculation in 2009 and afterwardss.).

The program searches:

• for all outstanding items
• in accounts receivable and payable set in criteria (that is, all accounts that can be found in Net Transactions)
• by balance on the last day of month
• by countries and currencies

All outstanding items of subjects having the seat of office in a foreign country will be included in the report.

Example:

- Initial Balance for SKV Report

- Posts Found