Overview

Financials General Ledger reports can be used to manually verify balance and entry totals processed through the nightly batch cycle. An automated balancing function simplifies this process and does much of the verification automatically. The process builds a series of entry and balance tables that are synched with your General Ledger as they are created. Thereafter, the process uses these history tables, adding transactions from each nightly batch cycle. It compares the calculated table amounts and row counts back to your General Ledger counts and balances. Discrepancies are reported along with summary statistics for row counts and errors.

 

The automated balancing report is generated by the posterBalancingJob, which may be run as part of your institution's nightly batch cycle. The report it generates is called balancing and is available in the GL Reports directory.

 

The first time the automated balancing process is initiated, it populates entry and balance history tables.

 

During the first run, the process builds the history tables that future runs of the process will use. From then on, each time the process generates the history tables, it includes entries from the most recent batch cycle.

 

Each run of the report generates statistics indicating the fiscal years included in the balancing along with summarized counts for each table verified and any comparison failures detected:

 

 

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