# A report as of a day shows the books through that day, and nothing
# dated after it, however long after the day it is made.
#
# wanderbooks: P3 defect 21 (the CPA package's QuickBooks file held entries
# dated after the package's as_of); rules.md B-33; regression tests
# `every_file_in_an_as_of_package_stops_at_as_of` and
# `as_of_package_iif_stops_at_as_of` (ledger-package tests/package.rs).
#
# Expected values (bookspec/README.md): trial_balance gives each
# account's balance as of the day, debit positive and credit negative,
# every account listed; profit_and_loss gives each revenue and expense
# account's activity for the period on its normal side, every one
# listed, and net_income (revenue less expenses).

id = "as-of-package-stops-at-as-of"
title = "A report as of a day leaves out what is dated after it"
rule = "A balance or report as of a day D MUST include every posted entry dated on or before D and MUST NOT include any entry dated after D, whenever it is produced; a period report through D covers the entries dated from the period's first day through D."
status = "CONVENTION"
sources = [
  "IRS Publication 538 (Rev. January 2022), Tax year: \"A tax year is an annual accounting period for keeping records and reporting income and expenses.\" (docs/spec/sources/irs-periods-and-methods.md)",
  "Pacioli, Summa de arithmetica (1494), ch. 36, the trial balance: the total of the debits equals the total of the credits (Geijsbeek translation, 1914; docs/spec/sources/pacioli-1494.md)",
]
tags = ["as-of", "trial-balance", "profit-and-loss", "reversal", "period-boundary"]

[setup]
currency = "USD"
fiscal_year_start = "01-01"
basis = "accrual"
rounding = "half-away-from-zero"

[[setup.accounts]]
code = "1000"
name = "Checking"
type = "asset"

[[setup.accounts]]
code = "3000"
name = "Owner capital"
type = "equity"

[[setup.accounts]]
code = "4000"
name = "Sales"
type = "revenue"

[[setup.accounts]]
code = "6000"
name = "Rent"
type = "expense"

# Entry 1.
[[events]]
date = "2026-01-02"
description = "Owner contribution"
lines = [
  { account = "1000", side = "debit", amount = "10000.00" },
  { account = "3000", side = "credit", amount = "10000.00" },
]

# Entry 2.
[[events]]
date = "2026-02-01"
description = "Sale"
lines = [
  { account = "1000", side = "debit", amount = "4000.00" },
  { account = "4000", side = "credit", amount = "4000.00" },
]

# Entry 3: dated the day itself, so in.
[[events]]
date = "2026-06-30"
description = "June rent"
lines = [
  { account = "6000", side = "debit", amount = "1200.00" },
  { account = "1000", side = "credit", amount = "1200.00" },
]

# Entry 4: the day after, so out of anything as of 2026-06-30.
[[events]]
date = "2026-07-01"
description = "July rent"
lines = [
  { account = "6000", side = "debit", amount = "1200.00" },
  { account = "1000", side = "credit", amount = "1200.00" },
]

# Entry 5: a reversal dated after the day leaves its original in.
[[events]]
date = "2026-07-15"
description = "Reversal of the February sale"
reverses = 2

[[expect]]
query = "trial_balance"
as_of = "2026-06-30"
values = { "1000" = "12800.00", "3000" = "-10000.00", "4000" = "-4000.00", "6000" = "1200.00" }

[[expect]]
query = "profit_and_loss"
from = "2026-01-01"
to = "2026-06-30"
values = { "4000" = "4000.00", "6000" = "1200.00", net_income = "2800.00" }

# The same books a month later: the July rent and the reversal are in.
[[expect]]
query = "trial_balance"
as_of = "2026-07-31"
values = { "1000" = "7600.00", "3000" = "-10000.00", "4000" = "0.00", "6000" = "2400.00" }

[[expect]]
query = "profit_and_loss"
from = "2026-01-01"
to = "2026-07-31"
values = { "4000" = "0.00", "6000" = "2400.00", net_income = "-2400.00" }