Viewing the Transition Grid and Meeting Audit Requirements

Transition Grid Page

FR_TRANSITION_GRID

Use to view the details of individual elements for a business unit.

Unit

Displays the business unit to which the element applies.

Element Label

Displays the element name.

Ending Balance

If appropriate, the ending balance for an element displays. Because the ledger balance shows net activity, ending balance is defined as the ledger balance for the period plus the beginning balance that is defined as period zero since all reporting periods are year to date.

Beginning Balance

Display the period zero balance for the element.

Variation

Variation is a work field calculated as the ending balance minus the beginning balance. For elements that are Activities the beginning balances are zero and variations equal the ending balances.

In Flow and Out Flow

Usually equals the variation or the difference between beginning and ending balance.

Fx Adjustment (currency adjustment)

If the balances in the ledger or transaction tables are in a base currency different from the reporting currency, then inflow and outflow might be different from ending minus beginning balance. This is because different exchange rates are used to calculate the flow. In these cases, the foreign exchange adjustment (Fx Adjustment) must be calculated. That is to say, the beginning balance plus the inflow or outflow with the Fx Adjustment equals the ending balance.

Currency

Displays the reporting currency.

Modified By

Displays the user ID for the user modifying the element.

Datetime modified

Shows the date and time the user made the changes to the element.