User RolesAdmin Staff contributor✗ External Contributor✗ Pulse user

This article explains why the Rollforward Opening Balances and Rollforward Retained Earnings checkboxes in Edit client → Periods may now appear ticked for financial years where they were previously unticked. It also clarifies how these checkboxes relate to Silverfin’s calculations and what this means for your client files.

Note for Belgian users: The Retained Earnings column is not shown for Belgian company files. This change applies only to the Opening Balances column.

Table of contents 

What has changed

  • In Edit client → Periods, the Rollforward Opening Balances and Rollforward Retained Earnings checkboxes may now appear ticked for financial years where they were previously unticked.
  • This is expected behaviour. The checkboxes now correctly reflect how Silverfin processes these values.

Why rollforward visibility has changed?

  • For clients using automatic synchronisation, Silverfin has always calculated Opening Balances and Retained Earnings as part of the sync process.
  • Previously, the checkboxes on this screen did not reflect this behaviour. They could appear unticked even when Silverfin was actively calculating these figures.
  • With this update, the checkboxes now align with the actual processing logic. If Silverfin calculates Opening Balances or Retained Earnings for a financial year, the corresponding checkbox will be ticked.

Faster syncs

  • As part of the same update, the synchronisation process has been optimised. Syncs now run up to 35% faster, with no action required on your part. 
  • This change does not affect the outcome of the calculations: your Opening Balances and Retained Earnings values remain the same.

The sync start year

  • Checkboxes for the first financial year in the synchronisation remain unticked. This is expected.
  • For the first synced year, Opening Balances and Retained Earnings are imported directly from your bookkeeping system. Silverfin does not calculate these values independently for that year.
  • For all subsequent years, Silverfin performs the calculations. The corresponding checkboxes will therefore be ticked.
  • You can find the sync start date in the blue notice at the top of the Periods screen:
"Synchronisation starts from DD/MM/YYYY. Only bookkeeping data after this date will be synced."

What you need to do

  • No action is required. This update only changes how the checkboxes are displayed. It does not affect your figures.

If something looks unexpected, check the following:

  • Are the correct years ticked? All years after the sync start year should be ticked.
  • Is the first sync year unticked? This is expected behaviour.
  • Do the figures differ from before the update? If you notice changes in Opening Balances or Retained Earnings, contact Silverfin Support.

Which clients are affected

  • This update is being rolled out gradually.
  • The change will only be visible in Edit client → Periods for client files where the update has already been applied. Not all client files will be updated at the same time.