The ACCOUNTBEGINNINGBALANCE function calculates the beginning balance of one or more general ledger accounts, for a specific period - some organizations refer to this as the PeriodBeginningBalance or PeriodOpeningBalance for an account.
ACCOUNTBEGINNINGBALANCE(Connection, Ledger, AccountClass, Account,
Subaccount, Branch, AsOf, IncludeUnposted)
The name of the connection, as specified in the Connection Manager
Ledger to use in the calculation.
Optional, though required if Account is empty
The account class to use for the calculation.
Optional, though required if AccountClass is empty
The general ledger account(s) to use for the calculation.
The general ledger subaccounts(s) to include.
The branch(es) to include.
The financial period, in MM-YYYY format
A cell reference to a date
1 - Include posted transactions only (default)
2 - Include Unposted transactions only
3 - Include Posted and Unposted transactions*
(note: Transactions with a status of "On Hold" are excluded. When Unposted transactions are included, the following two statuses are included: Balanced, Unposted).
Excel for Windows allows the use of quotation marks around this parameter. Excel for Mac and Excel Online require that it be unquoted.
Based on this data:
=ACCOUNTBEGINNINGBALANCE("Demo", "ACTUAL", , $B6,,, $G$1)
Description: Calculates the beginning balance of posted transactions to General Ledger account # 10200 (as noted in cell B6) as of the beginning of Period 1 for the year 2019 (as noted in cell G1).
=ACCOUNTBEGINNINGBALANCE("Demo", "ACTUAL", , $B9,,, C$4, 3)
Description: Calculates the beginning balance of combined posted and unposted transactions to General Ledger account # 10800 (as noted in cell B9) for as of January 1, 2019 (as noted in cell C4).
Limitations to filtering by date instead of financial period: