Scenario

Scenario

 This option is intended for mapping entries with original foreign currency rate at the opening journal entries. In practice, this means that the program ignores exchange rate entered at the end of the year and the opening journal mapped accounting entries and the exchange rate from original entries. The method allows us to obtain a technically coherent and uniform opening and closing journal, nevertheless, that we have not calculated MANDATORY EXCHANGE RATE DIFFERENCES FOR FOREIGN CURRENCY entries.

Filter

Use it to display accounts or account groups. To display them just enter the corresponding numerical value (e.g. account 12000). Having only checked checkbox 1, displays only subsidiary accounts (that is, those marked as such in the Line column). See topic on how to prepare a scenario.

Prepare scenario

By clicking on button Prepare Scenario we transfer chart of account settings to scenario in the year-end closing we are preparing.

It is possible to transfer Scenario from previous year end. In that case the option Scenario Harmonized with Chart of Accounts on document type should be unmarked. We always transfer scenario first and then use right mouse button to call function Transfer from Prev. Year-End.

Chart of Accounts

If we have multiple chart of accounts, we can edit scenarios for each chart of account separately. By default, the script displays active chart of accounts.

Account	Displays up to thirteen-digit account code as determined in the Chart of Accounts (internal or standard one).
Name	Displays name of the account which cannot exceed the length of hundred characters.
Line	Set how the closing and opening entry will be created for individual account. This information is of VITAL importance because it affects initial balance, closure, interest calculation, etc. Subsidiary Accounts (K - Customer/Receivables, D - Supplier/Payables) - Posts from open linked document are transferred to closing and opening entries detailed by subject, account and currency. See example. V - Do not use subject (for linked document) - Individual posts by linked documents are transferred to closing and opening entries not considering the subject. See example. N - Not a subsidiary account (general ledger accounts)  - Balance on account which is grouped by accounts in the Scenario panel is transferred to closing and opening entries. See example.
Opening Entry Side	Here you can set how to transfer selected account balance to the opening entry:   1 - Debit Only: Only posts including debit amounts are created on opening entry (sign is modified accordingly). 2 - Credit Only: Only posts including credit amounts are created on opening entry (sign is modified accordingly). 3 - Positive Only 4 - Negative Only 5 - Both Sides
Balance Must Be 0	Before creating closing and opening entries for fiscal year, it is checked whether appropriately marked accounts contain balance which equals 0 (e.g. suitable for account classes 4 and 7).
Do Not Calculate Exchange Differences	Accounts for which we don't want Pantheon alert as about calculation of exchange rate differences can mark with switch "Do not Calc.Exch.Diff.".