You are here: All Help Topics > Accounting and Assurance > Working Trial Balance > Entering balances in a yearly client file
-- How Do I? --
Entering Balances in a Client File
Procedures
- If you have multiple periods, on the Context toolbar, select the applicable period from the period date sequence drop-down.
- In the Working Trial Balance, select the Account tab.
- Click the applicable balance column (Opening, Prior, Forecast, and Budget) and input the amount. To enter balances for specific periods, double-click to drill-down the balances and enter it for the applicable period.
Notes:
- If the client has been set up as monthly in the Engagement Properties and monthly priors are required, then the Period 1 to Period 12 columns should be completed. Use the dates across the top of the columns as a guideline. If the majority of the column headings display "NA", you are working in a yearly file and do not require monthly comparatives.
- When entering period amounts, enter the difference between each month (the activity), not the ending balance for each month.
- Debits are entered as positive amounts and credits are entered as negative amounts. The minus sign (-) can be entered before or after the amount.
Results
Applicable balance columns are updated. Press the down key to move to the next line in the same column or the ENTER key to move to the next column on the right.
