1.6.1 Balance Level Conversion

The balance-level information is converted for each account. This implies that after the conversion, the user will not be able to modify a transaction or backdate a new transaction prior to the conversion date. If any modifications have to be made, they will have to be handled via the ‘Adjustment’ transactions with an effective date greater than the conversion date.

Having said that, the transaction history can be converted for historical or view-only purposes.