Prior Year Adjustments drilldown

You can drill down in any of the four prior year balance columns on the Working Trial Balance interface.

Depending on the settings in the Engagement | Properties | Period Balances menu, balances entered in this drilldown can be either period amounts or year-to-date (YTD) amounts.

Adjustments

Shows the lump sum total from a year-end close or manually entered adjustments for the selected year.

PY Adjustments

Shows any prior year adjustments made in the Adjusting Journal Entries interface for the selected year.

Note

If you drilldown on an adjustment column in the Working Trial Balance screen, adjusting entries that were 'Booked in General Ledger' will be displayed only for the current period. Non-booked adjustments for all periods up to the current period will be displayed.

Tip

Double-click (drill-down) within this column to view the source of the balance that appears in the PY Adjustments column.