Open Forward Balance Update - Equipment

The Open Forward Balance Update screen resets the opening revenue and cost balances for a new fiscal year from the previous year for each piece of equipment.

This is a necessary update when moving from one year to the next, and may be run numerous times.
  1. Select the fiscal year most recently completed.
  2. Select Continue.
If doing year-end processing, proceed as directed from the Year End Processing Screen (U.S.) or the Year End Processing Screen (CAN).