Skip to end of metadata
Go to start of metadata

You are viewing an old version of this page. View the current version.

Compare with Current View Page History

Version 1 Next »


Description of Issue

Does site use secondary balancing?

What segment do they use for balancing?

Context

Transaction out of balance errors

DTDF errors

Cause



Resolution

Secondary Balancing is when a site is set up to be balanced by Fund/Segment. Sites can use secondary balancing for all funds or specific funds. Below are ways to recognize if secondary balancing is in use. 

Financials > General Ledger Menu > General Ledger Settings

Balancing Level field

  • Blank: Site is not set for secondary balancing (Note: sometimes this value is blank,  even though the site does use secondary balancing for some funds)
  • Segment:  All funds balance to the segment set in this field
  • Fund: Secondary balancing segment for each fund is defined in the Chart of Account Segments program.

Financials > General Ledger Menu > Chart of Account Segments

Search on the Fund Segment > Secondary balancing level field

  • No Secondary balancing field: Fund does not balance to segment
  • Secondary balancing: Fund balances to the defined segment

Control Accounts folder: Most funds have about 12 (GL Budgetary Control in use)  control accounts, when set up to balance by segment there should be about 12 control accounts for each Fund/Segment combination

Financials > General Ledger Menu > Due To/Due From Setup

  • Due To Due From records will use the Due To Object fields rather than the Due To Account fields for DTDF entries. 
  • If pooled cash or a treasury fund is in use, the pooled cash fund may use the Due to Account fields
Additional Information





  • No labels