Importing period balances

The program imports period balances based on the period types designated in the original file. If the period type does not exist in the client file, for example, if importing quarterly balances into a client file that does not have quarterly balances set, Working Papers automatically updates the client file for the new balance type. The kind of data that can be added to the file (transactions or period balances) is set in the Engagement Properties <<<LINK TO Period Balances tab>>>.

When importing the data, Working Papers sets the period date sequence to R (random) if the period dates in the data file are not properly aligned as yearly, semi-annually, 4-monthly, quarterly, bi-monthly, monthly, or 4-weekly. Imported period balances affect the Working Trial Balance only.

Imported period balances affect the Working Trial Balance only.