Below are the steps necessary to post, reconcile and close a period in Balance.  You may not need to perform all of the below steps each posting period.  For example, if you only post income distributions on an annual basis, you would only perform that step once per fiscal year. 

1. Add new funds 
   If a donor establishes a new endowment fund for your current posting period, you must first add the fund in Balance. Once the fund is established in Balance, you can add transactions (such as your new donor gift) to the fund. Click here for instructions on how to add a fund. 
    

2. Make income distributions (if applicable)
   If you need to post income distributions, you may follow the Automated Method or the Manual Method. Instructions on how to post distributions can be found here.  
    
3. Enter gifts and other transactions
   Post new gifts, transfers, fees and other transactions to your pool. Instructions can be found in these articles:
   How Do I Enter Transaction Activity in Balance Manually?
   How Do I Enter Transaction Activity in Balance via an Import?
    
4. Post and reconcile investment activity
   You will need to populate the investment activity for the current posting period using numbers from your investment manager statement(s). Instructions can be found here. 
    
5. Report results
   Once a posting period is closed in Balance, you can run a whole suite of reports. To view instructions for running reports click here.