Defining the Debit/Credit Shift

Use

You can assign an item to another item in the financial statement version as a contra item. This means that the display for the group of accounts summarized in these financial statement items is dependent on whether the total balance of the accounts is in credit or in debit.

This item you are referring to is automatically referenced back to the original item; the system enters the same account numbers as were contained in the initial item , and selects the other column for the balance.

If you do not want all the bank accounts to flow automatically into the group balance, you should create a separate item for them.

Example Example

The bank account at the state central bank can only ever have a debit balance. This account should therefore always be displayed under assets, and the balance should not flow automatically into the total balance of all other bank accounts. You therefore create separate items, that is, one for your account at the central bank and one for the total of all your other bank accounts.

End of the example.

Prerequisites

The item you specify must already exist, but must not yet have any accounts assigned to it.

Procedure

To define a debit/credit shift, proceed as follows:

  1. Select one of the two items.

  2. Place the cursor on the other item.

  1. Choose Start of the navigation path Edit Next navigation step Debit/credit shift Next navigation step Define. End of the navigation path

A dialog box appears for you to specify which of the two items is the debit item and which is the credit item.

Result

You have defined the debit/credit shift.

To delete a debit/credit shift, select one of the two contra items and choose Start of the navigation path Edit Next navigation step Debit/credit shift Next navigation step Delete. End of the navigation path