Elven Docs
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  • Getting Started
  • System Configuration
    • Getting started with Elven
    • Project and Entities
      • Choose an Accounting Start Date
    • Inviting team members
    • Viewing activity logs
  • Financial Configuration
    • Configure Chart of Accounts
    • Configure Journal types
    • Configure Auxiliary Accounting
    • Setting Account Opening Balance
  • ACOUNT MANAGEMENT
    • Importing account balances
    • Importing transactions
      • Importing derivatives transactions
    • Verifying account balances
    • Counterparty Accounts Management
      • Managing counterparties
      • Automated counterparty identification
  • Transactions management
    • Transactions overview
  • Bookkeeping
    • Accounting with transaction data
      • Tagging of transactions
      • Rule based tagging
    • Accounting with business data
      • Importing business data using API
      • Importing business data with CSV file
      • Automated bookkeeping of business data
  • ASSETS AND VALUATIONS
    • Assets management
      • Add tokens via smart contract
      • Customising price feeds for assets
    • Fair value of Crypto assets and adjustments
    • Currency exchange (FX) PnL adjustment
    • Derivatives unrealized PnL adjustment
    • Broker business inventory management
  • RECONCILIATION
    • Transaction Reconciliation
  • REPORTS
    • Trial balance
    • Account Balance sheet
    • Financial statements
    • Crypto assets disclosure form
    • Dashboard
  • OpenAPI
    • Obtaining API Authorization
    • Import Business Data
    • Create Account
    • Query Account
    • Create Source
    • Query Source
    • Import Transfer
    • Import Trade
    • Import Gain/Loss
    • Import Account Balances
    • Import Price
    • Query Platform
    • Query Currency
    • Timezone
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  • Manual Balance verification
  • Viewing verification results

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  1. ACOUNT MANAGEMENT

Verifying account balances

PreviousImporting derivatives transactionsNextCounterparty Accounts Management

Last updated 8 months ago

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This page illustrates how to manually perform a balance verification and view the verification results

Manual Balance verification

  1. On the project homepage, navigate to the Accounts page

  2. In the list of accounts, click the "Balance" drop down menu on the upper right corner, and select "Verify Balance" to initiate verification.

  3. Since balance verification involves heavy computation, it may take some time. During the process, the balance verification button will show as "Verifying".

Viewing verification results

  1. In the Account page account list, a yellow badge will appear next to the currencies for which account balance verification has failed. This allows you to quickly review the balance verification status for each currency in every account.