Define Calculations - the Account Definition Tab

Here you define the calculation account formula, which is then processed from the Calculate Fast Formulas function. Calculation accounts are defined in Define Account Structures.

Procedure

  1. On the Reports menu, select Define Calculations. The Define Calculations window opens.
  2. On the Account Definition tab, in the Variable column, enter a variable code, for example INV.
  3. In the Name - Group and Name - Local columns, enter a description of the variable or formula. For example, Equity + Long Term Liability for the variable INV.
  4. In the Formula column, enter the account or mathematical formula expressed in variables or accounts, where accounts are preceded by a #, for example #290 + #230. You can use +, -, *, / and ( ). You can also click the empty column preceding the Formula column to open a list of available accounts. Select the relevant account and click OK. Place the cursor in the Formula column and press Ctrl+V to paste the copied account. The account is displayed with a # mark in front of it. If you enter accounts manually, all account numbers must be preceded by a # mark. Accounts and variables can only be added or subtracted with each other, not multiplied or divided.
  5. Click Save and open the Period Definitions tab.