Open Forum

Retention

  • 1.  Retention

    SILVER CONTRIBUTOR
    Posted Jun 17, 2020 09:37 AM
    Edited by Noah Moseley Jun 17, 2020 09:59 AM
    Good morning.

    Can I change the retention in SL so that I can post to a statistical balance to the GL in 2007. Can I change retention, post the balance and change retention back without horrible consequences? Thanks.

    Noah
    Academy - Online Interactive Learning from Experts


  • 2.  RE: Retention

    GOLD CONTRIBUTOR
    Posted Jun 17, 2020 10:01 AM
    I assume you mean the Retention settings on the GL Setup screen. Those may be changed with impunity. They also do not have any affect on entering transactions; i.e., one does not need to adjust them in order to create or post a batch to a period prior to the retention setting. The settings are only used when closing a period, and only when the Delete Detail boxes on the Closing screen are checked before processing. If one does check that box for the GL module when closing, any balances (AcctHist table), including statistical balances, prior to the Years to Retain GL Balances lookback will be removed. E.g., if statistical balances from 2007 should be available, set the Years to Retain GL Balances to 13 or more.

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    Jonathan Van Houtte
    Architect
    XLstatements, LLC
    Clifton Park NY
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    Academy - Online Interactive Learning from Experts