NetClose - Refresh Flux Balances
Overview
Flux balances may need to be refreshed when new transactions are recorded. NetClose will display a message to a user if balances changed for a flux scenario after they refreshed the balances. Below are examples of messages that may appear for specific accounts with balance changes:
Another way to determine if balances changed and that an explanation might need to be updated is by reviewing the Review Flux Analysis page.
If a flux analysis is in the Submitted for Review or Completed and the GL balance of that flux analysis changes, then upon balance refresh NetClose will update the status of the flux analysis back to Not Started, the Assignee and Approver(s) will receive an email notification, and the flux table UI will indicate that the balance has changed with a yellow triangle icon, as shown below. Users can also filter for flux analysis records that had their balance change using the quick filter.
This article provides step-by-step instructions on how to refresh balances in the flux analysis.
Step-by-Step Process
- Go to NetClose > Flux Analysis > Refresh Flux Balances.
- On the Refresh Flux Balances page, use the available filters to locate a specific flux scenario. After selecting the desired scenario, click Submit to refresh the balances for that flux analysis: