Inputting roll forward change details
The roll forward input app allows you to describe changes in balance sheet accounts based on type of activity (e.g. purchase or sale). These details are used for
- Reporting movements in specific accounts
- Generation of specific lines in the statement of cash flows
To input Roll Forward details:
- In the Longview Client, open the Consolidate module, select Data Collection, and expand Input.
- Select an entity.
- Select Roll Forward Input.
- Select the time period to enter roll forward change details to and click OK.
Note: Roll forward change details can be entered either on a year-to-date or period basis depending on the input method set.
For more information, see “Setting the input method for roll forward details” in the Solutions Administrator Guide. - The Roll Forward Input view appears.
Understanding roll forward input
The roll forward input view displays the roll forward accounts in the down orientation.
For more information on creating roll forward accounts in your system, see “Creating a new roll forward account” in the Solutions Administrator Guide.
Roll forward account details are in the across orientation of the roll forward input view. This consists of the following symbols:
| Symbol | Description |
|---|---|
Beginning Balance | The roll forward account beginning balance is calculated using the account specified as the source account and is relative to the period being viewed. For more information on the beginning balance calculation, see “Managing Roll Forward Accounts” in the Solutions Administrator Guide. |
Activity | The Solutions Framework provides you with a standard set of activity accounts. Additional activity accounts can be created as required. For more information on the standard roll forward setup provided as part of the Solutions Framework, see “System Summary” in the Solutions Install Guide. |
CTA | Foreign exchange Impact on actual roll forward balance, as calculated by the system. |
Ending Balance | The ending balance is calculated as Beginning Balance + Activity + CTA |
Comments | Provides you with the ability to add comments to the roll forward activity by right clicking on the cell and selecting Comments. Note: The last comment entered is displayed in the cell. |
Trial Balance Balance | The trial balance is calculated using the account specified as the source account. For more information on setting up the source account, see “Creating a new roll forward account” in the Solutions Administrator Guide. |
Variance | The variance is calculated as the trial balance - the roll forward ending balance. The roll forward input view will not allow submission if the variance is not 0. |