Transaction Codes Summary
Under Summary, review metrics for a transaction code, such as starting and ending balance, based on the filters you select. This section presents a calculation flow so you can easily follow how the metrics are figured.
Tip: You can customize up to five transaction codes from General ledger, Settings, GL setup, Transaction codes. For example, you may want to use labels such as "Grants" or "Performance" for more targeted tracking based on your organization's needs. The labels you enter are used as dashboard names. Prior to customizing your label names, these are initially listed with a generic transaction code label and you can choose to view them with or without starting and ending balances. For more info, see Transaction Codes.
Starting balance
Starting balance displays the beginning balance based on the Post date filter.
Net change
Net change displays the total revenue minus expenses, plus gifts and transfers associated with the transaction code.
Ending balance
Ending balance displays the ending balance — after net change has been calculated — based on the Post date filter.