Module · Finance

Balance Recalculation

1 min read

The functionality“Recalculate balance”is an essential option of the Bank Journal interface, allowing you to automatically update the bank balance based on recorded transactions. This action guarantees the consistency of the financial data displayed, in particular after modifications, deletions or additions of operations, or after the application of specific filters.

Functioning

Objective:This functionality recalculates the total balance as well as the intermediate balances displayed in the bank entries table, taking into account all visible transactions (after application of filters).

Triggering:The user clicks on the orange icon to start the recalculation.

Process:
1. The system analyzes all recorded transactions (or those filtered).
2. It adds the credit amounts and subtracts the debit amounts to get the final balance.
3. It updates the interim balances in the "Balance" column of the table, row by row, as well as the totals displayed at the top (Number of records, Debit amount, Credit amount, Balance).

Result:Financial data is updated to reflect the accurate status of the bank account, eliminating any potential inconsistencies.

Module · Finance

Balance Recalculation

1 min read

Functioning

Triggering:The user clicks on the orange icon to start the recalculation.

Process:
1. The system analyzes all recorded transactions (or those filtered).
2. It adds the credit amounts and subtracts the debit amounts to get the final balance.
3. It updates the interim balances in the "Balance" column of the table, row by row, as well as the totals displayed at the top (Number of records, Debit amount, Credit amount, Balance).

Result:Financial data is updated to reflect the accurate status of the bank account, eliminating any potential inconsistencies.