SI.OPENINGBALANCE
Created by Damien Zwillinger, Modified on Mon, 06 Nov 2023 at 05:58 PM by Harry Lewis
Applies to:
- Velixo NX
- Sage Intacct
The SI.OPENINGBALANCE function returns the opening balance of a GL account (at the beginning of the specified reporting period or date).
Syntax
SI.OPENINGBALANCE(
Connection,
AccountGroup,
AccountCode,
StartDate,
EndDate,
LocationId,
Books,
Dimensions,
UserDefinedDimensions, IncludeChildDimensionBalances)
Parameters
The SI. OPENINGBALANCE function uses the following parameters:
Parameter | Required/ Optional | Description |
Connection | Required | The name of the connection as configured in the Connection Manager |
AccountGroup | Optional if AccountCode is specified | The name of the account group for which to return the aggregated opening balance |
AccountCode | Optional if AccountGroup is specified | The code of the general ledger account, or multiple account codes defined by a Velixo range expression |
StartDate | Required | The start date (inclusive) in YYYY-MM-DD format or A cell reference to a date |
EndDate | Required | The end date (inclusive) in YYYY-MM-DD format or A cell reference to a date |
LocationId | Optional unless the company has multiple base currencies | The ID of the entity or location |
Books | Optional | The reporting book or global consolidation book to be used for retrieving the balance. One or more user-defined adjustment book IDs may be included* |
Optional | Either:
For more in-depth information about filtering by Dimensions: see Using Dimensions
For user-defined dimensions, use the UserDefinedDimensions argument. | |
UserDefined Dimensions | Optional | Either:
For predefined analytical dimensions like customer, project etc., use the Dimensions argument. |
| IncludeChild Dimension Balances* | Optional | True (Default) or False
Determines if (for dimensions which have child dimensions) the balances of child dimensions are included in the calculation of the total balance.
This parameter only affects balances if:
|
*The IncludeChildDimensionBalances parameter performs similarly to the Include subdimensions checkbox in Sage Intacct's stock reports such as Account Balances:
Books parameter:
If you leave the parameter blank, the default reporting book will be used (ACCRUAL or CASH depending on your company settings).
If you specify just one reporting or global consolidation ("GC") book, that's what will be used to retrieve balances.
If you specify more than one reporting / GC books (e.g. "ACCRUAL;GCBOOK") an error will be thrown - it is not allowed in Sage.
If you specify a reporting / GC book and one or more predefined/user-defined adjustment books (e.g. "ACCRUAL;TAX;GAAP") then you will retrieve balances from ACCRUAL plus any adjustments defined by each of the adjustment books.
Examples
Example 1
=SI.OPENINGBALANCE(
"Sage",
,
"10100",
"2022-04-01",
"2022-04-01",
"100",
"ACCRUAL",
$C$6:$D$8)
Description
Returns the opening balance of the account "10100 - Cash" at the beginning of April 2022, for entity "100", filtered down by dimensions specified in the C6:D8 range (for example, by Department and Employee).
Result
441,692.00
(this example uses cell references for some of the parameters)
Example 2 - Dimension Array
(dimension arrays are available in version 2023.8 and higher)
The dimensions for Customer, Item, and Location each contain 3 values in an array where the first row of the array contains the dimension names.
Vertical
=SI.OPENINGBALANCE("Sage",,"10010","2019-12-01","2019-12-31",, "ACCRUAL",I2#)
Description
Returns the opening balance for account 10010 as of 2019-12-01, in the Accrual reporting book, based on the three dimensions displayed by the vertical array function in cell I2.
Results
Horizontal
Description
Returns the opening balance for account 10010 as of 2019-12-01, in the Accrual reporting book, based on the three dimensions displayed by the horizontal array function in cell L2.
Results
Example 3
While it is generally required that all of the applied dimensions have the same number of values, it is possible for one of the dimensions to have a single value.
In this example, the dimensions for Customer, and Item each contain 3 values while the dimension for Location contains only 1 value.
These functions return the opening balance for account 10010 as of 2019-12-01, in the Accrual reporting book, based on the single location (100) and the other two dimensions displayed by the array:
Vertical
Horizontal
Example 4 - Empty Account Group
Assuming this below configuration within Sage Intacct:
(note that no accounts are assigned to the Accumulated Depreciation account group)
=SI.OPENINGBALANCE("Sage", "Accumulated Depreciation",,"2019-01-01","2019-12-31",
"100", "ACCRUAL")
Description
The various Velixo balance functions (SI.OpeningBalance, SI.Turnover, SI.ClosingBalance, and SI.BudgetTurnover) will return zero when there are no accounts assigned to the referenced account group.
Results
Example 5a - Include Child Dimension Balances with Location
Below are balances where the Dimensions and UserDefinedDimensions are not used, but where a Location specified with the IncludeChildDimensionBalances parameter:
Example 5b - Include Child Dimension Balances or not
Below are balances for a specific Location, where Dimensions and UserDefinedDimensions are not used.
Customer 10007 is defined as a child account of customer 10001.
In row 6, when excluding the balance for customer 10001, you can choose whether or not to also exclude the balance for child account 10007.
Note that rows 3 and 7 use two techniques (blank and "*") to achieve the same result.
Unsupported Example
The case where more than one dimension contains less than the maximum number of rows in the array is not supported.
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