Generate Period-End Balances

As part of the month-end close process, accountants need to generate and export period-end balances. This topic explains how to calculate and download these balances using Nakisa General Ledger.

Note: Period-end balances are only generated from transactions that were triggered from Nakisa Lease Accounting Suite or Nakisa Portfolio Management (i.e., transactions where the source is "Local"). Migrated transactions are not included.

Set report parameters:

Click Main Menu > Period-End Balances. The Period-End Balances page opens, where you can set the inputs required to generate and download the report.
Select your ERP system.
Select the Company Code.
Select your Fiscal Year.
- A yellow X next to the year indicates that period-end balances have not been calculated for all periods within that year.
Select the Fiscal Period.
- A green check mark means the period-end balances have already been generated and no changes in transactions have occurred.
- A red X means either the balances have not been generated, or that transactions have changed since the last calculation.
Navigate to the Ledger Transactions tab to see all transactions that will be included in the balance calculations for the selected period.

Calculate and view period-end balances:

Click Calculate. Note that it may take some time for the calculations to complete.
Open the Period Balances tab to view the results.
Toggle between Contract Currency and Company Currency to view balances in different currencies.
Click Download Report.
The report is downloaded in Excel format.

This file can now be used to reconcile the Nakisa subledger with your general ledger, confirming that all transactions have been captured correctly for the selected fiscal period.