Update Statement Balances

This option, along with the Update Period Balances option, allows you to choose to update the balance only, update the balance after the statements are run, or not update the balance at all. It can be configured by the Administrator from the Subsidiary Control window or used as an available option on the Student Account Statements window.

Update Statement Balances	Update Period Balances	Result
Selected	Selected	Transactions with a C or Y status are updated to H and will not appear on subsequent statements.
Cleared	Cleared	No update occurs. Transactions remain as they are and will appear on subsequent statements.
Selected	Cleared	Transactions with a C status will be updated to Y. These transactions will continue to appear on subsequent statements.
Cleared	Selected	Transactions with a Y status will be updated to H.

The Update Only button is only available if one or both of the Update Statement Balances or Update Period Balances checkboxes is selected.