Switch Sign For Flow and Switch Type for Flow

Question

Hi Can any one Please make me clear at least with 3 examples how to understand Switch Sign for Flow and Switch Type for Flow
and also the good example with Balance Recurring Account Types

Answer 1

Hi Chennai,
Consider an account "Fixed-Assets" supported by movement analysis in Custom1, as follows:
ClosingBalance
OpeningBalance
Additions
Disposals
If you mark the Custom1 member Disposals as SwitchSignForFlow, you will enter positive values in Disposals but HFM will subtract from the other two members to calculate the Closing Balance. You may use this functionality if your client prefers to see all values as positive on the reports.
Using the same example, you might recognize that while Closing and Opening balances are of balance type (they provide a snapshot of the account at a specific instant meaning that you see the same number whether you view the YTD or Periodic values of the account), Additions and Disposals are movements, which means that they accumulate during the same year starting from a zero balance on 1/1/201X and therefore you will see different numbers depending on viewing the YTD or Periodic values of the account. In order to provide with this behavior you have to mark both Additions and Disposals with SwitchTypeForFlow. If you don't they will behave as the underlying account (the Fixed-Assets account) and like the other two Custom1 members, Opening and Closing balance members.
As for the BalanceReccuring, an account of this type behaves like a normal Balance account, but once you input a number in an intermediate period (say June), the same number will be copied to all following periods (July-December) until you override the numbers by explicitly inputting new values. With a normal balance account, all following periods will be empty.
--Kostas