Overview

Acumatica allows a transaction from a specific date to be posted to a different financial period.

When calculating account balances using dates instead of financial periods, Velixo does NOT include those transactions which are within the date range but have been posted to a different period.

Example

Let's assume the following three transactions have been posted to account 11000:

Date

Amount

Period

May 5, 2021

75.00

04-2021

May 6, 2021

100.00

05-2021

May 7, 2021

150.00

06-2021

If we were to use the ACCOUNTTURNOVER function to report the account turnover for May 5, 2021 through May 7, 2021...

=ACCOUNTTURNOVER("Connection","Actual",,"11000",,,$C$3,$C$4,1)
by_date_diff_period.png

The results would be $100.00 (the amount of the transaction from May 6, which was posted to period 05-2021).

The transactions from May 5 and May 7 affect ONLY the balances in the financial periods to which they were posted (04-2021 and 06-2021, respectively).

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