Overdraft Bank Account @ Automatic Posting

[Former Member]

Hi Friends,

I'm facing a issue here with my bank accounts. If I have a negative value in period in my bank account, I want to automatically post as a liability in an overdraft bank account.

However, it should only do this for negative values. An other entity might have a positive bank balance and then the amount should just stay in the assets.

I know that a negative value will still balance out the balance sheet but for IFRS purposes we have to report the total of all overdrafts on bank accounts.

Any help would be welcome. Can this be solved with a piece of script logic? can I use a dimension formula?

Thanks in advance.

[former_member186338 · Accepted solution]

Search forum for account reclassification depending on sign using script logic. Constantly asked question.