Balance posting
An add-on module at no extra cost
In e-conomic, you can use the balance posting add-on module free of charge. This add-on module allows you to enter a batch job that will, for instance, automatically distribute an expense on several accounts based on given percentages or other calculations.Which formulas can be used?
You have the opportunity to create many different types of formulas that consist of mathematic calculations (+ - / *) or percentage distributions. You may base them on the current or monthly account balance or on fixed amounts.You also have the opportunity to set up these formulas in numerous steps so that the result of one formula will affect the next, and so on.
How to perform a balance posting batch-processing job
The function for performing the batch job can be found along with the batch job execution for prepayments, depreciations and period closing.You will implement the batch job each month, and you will then receive a summary where every calculation and result pair is shown separately. If something does not balance, then you will be able to amend your formula before booking.
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