jl/notes.md

roll-forward needs intercepted by some retained earnings logici

• top level period gets closed to retained earnings subpath(id,0,1)
• top level account is a trial balance subpath(acct,0,1)

tasks

• a close-out to retained earning and consolidation process must happen before rolling into a new year, or opening balances need set to 0
  • test if rolling into a new year
    • copy the last period from evt.bal after rolled 2018.12 and copy to 2018.close
    • close move temporary account balances to retained earnings
      • need to dynamically create a retained earnings account per trial balance if it does not exist
      • need to dynamically determine temporary accounts if not specified
    • copy 2018.close ending balances to 2019.01 opening balances and re-roll into the new year

future

• work on UI and web server for different kinds of entries

accounts that need labeled

• asset
• liability
• equity
  • py re
  • cy re
  • oci
  • cta
  • apic (hold at acquisition rate)
  • common stock (hold at acquisition rate)
  • dividends

how to assign

• as part of hierarchy
• as a property

when to assign

• as required (notify at close that accounts labeled as earnings temporary will be closed to retained earnings)
• any balance sheet offset accounts must be considered equity in order to print a coherent balance sheet