typeundeclared
-
2007-10-11
- priority: 5 --> 6
Should the YTD_Balances on customers, vendors, etc reflect the Previous Balance? I.e.,
YTD_Balance = PrevBalance + Debits - Credits
or just
YTD_Balance = Debits - Credits
I've seen it in the code both ways. AR does it the second way, and statements add in the PrevBalance, but I'm not sure how consistently applied it is.