Exact Globe

Product Updates 410, 409, 408, 407, and 406: Opening balance feature in audit file enhanced (French legislation)

The Opening balance feature was incorporated into the FEC audit file as an optional assessment information from product update 404 onwards. When the Include: Opening balance check box has been enabled, the XML file format displayed the opening balances at the top, followed by the transaction records that were grouped by the account (debtor or creditor) number. For more information, see Product Updates 409, 408, 407, 406, 405, and 404: Audit files enhanced (French legislation).

However, starting from product update 406, the opening balance entries for the debtor and creditor general ledger accounts are no longer grouped by the account number. The sum of these entries tallies with the total balance displayed in the trial balance report, as well as in the creditor or debtor general ledger card.