Roll Forwards and Movement Accounts

Every balance sheet has beginning retained earnings. I am sure you have that in your ledger, too. So why should you not just load that value? The reason is to ensure that the beginning balances do not have unexplained adjustments. It also sets you up for a validation on the beginning balances, but we will cover that in validations. One of the nice things about HFM is the ability to combine flow and balance type accounts and have each behave the correct way; flow accounts show periodic change and balance accounts do not.

The rules for this calculation are very simple: just specify that the closing balance is the sum of the opening balance plus movements.

Write a rule that takes the opening plus the movement, and write that to the closing: