Time Balance = First for account in HFM

Question

Hi All!
Is it possible in HFM to get correct results in summary time periods for "Opening" account (like in Planning when you setup account Time Balance property as First).
For example:
I have such accounts: CFOpening (Balance type), CFFlow (Flow type), CFClosing (Balance type)
and amounts
for Jan:_
CFOpening = 100
CFFlow = 50
CFClosing = 150
for Feb:_
CFOpening = 150
CFFlow = 50
CFClosing = 200
for Mar:_
CFOpening = 200
CFFlow = 50
CFClosing = 250
for Q1_ I want see this results:
CFOpening = 100 (amount from Jan)
CFFlow = 150 (sum of Jan-Mar)
CFClosing = 250 (CFOpening + CFFlow)
but now I have:
CFOpening = 200 (amount from Mar)
CFFlow = 150 (sum of Jan-Mar)
CFClosing = 350 (CFOpening + CFFlow)
How can I get correct result for Q1 in such case?
Thanks a lot in advance!

Answer 1

In HFM balance accounts behave as ending balances, so that the YTD value is always equal to Periodic value. Your CFOpening account is declared as balance, accordingly HFM understands that March value (200) behaves like ending balance of this account. Therefore Q1 ending balance of the account is 200, it cannot be 100 unless you redefine your rules to set your CFOpening account always to the year beginning value (or previous year's ending balance). That is for all months CFOpening will be 100 for all months. But then you would have a problem of adding up balance and flow accounts. Because flow accounts unlike balance accts have different YTD and Periodic values. Usually, we overcome this problem by declaring all accounts as balance, at the expense of losing the Periodic values of the CFFlow account.