Examples
Examples
Try the starting example
- Balances in one currency: entity, counterparty, signed balance $
- A,B,100 B,A,-90 A,C,50 C,A,-50
- Allowed absolute residual per pair ($)
- 0
- Signed residual by unordered entity pair ($)
- A/B: 10.00; A/C: 0.00
- Sum of absolute pair residuals ($)
- $10.00
- Pairs beyond entered tolerance
- 1
- Overall signed residual ($)
- $10.00
Try another scenario
- Balances in one currency: entity, counterparty, signed balance $
- A,B,100 B,A,-100 A,C,50 C,A,-50
- Allowed absolute residual per pair ($)
- 0
- Signed residual by unordered entity pair ($)
- A/B: 0.00; A/C: 0.00
- Sum of absolute pair residuals ($)
- $0.00
- Pairs beyond entered tolerance
- 0
- Overall signed residual ($)
- $0.00
Calculation method
Calculation method
Signed residual by unordered entity pair ($)
Group reciprocal entries by unordered entity pair and sum signed balances.
Sum of absolute pair residuals ($)
Sum absolute pair residuals; opposing errors do not cancel.
Pairs beyond entered tolerance
Count pairs whose absolute residual exceeds the supplied cent tolerance.
Overall signed residual ($)
Sum all entered signed balances.
Symbols and units
- a
- Balances in one currency: entity, counterparty, signed balance $
- b
- Allowed absolute residual per pair ($)
Use the units shown. A list keeps the order in which you enter its values. The symbol ^ means “raised to the power of”.
Assumptions & limits
Assumptions & limits
- A signed reciprocal-balance check in one already reconciled currency and reporting cutoff. It flags differences but does not create elimination journals or resolve missing transactions.
Are these inputs private?
These calculations run in your browser. A shared link contains the values you choose to share. Only questions submitted to the separate AI finder are sent to OpenAI.
Further reading
OpenStax: financial-accounting model background ↗
Background reading; this does not imply endorsement or independent review of SumFizz.