In AX2009 the Balances updates when you do a posting, in AX2012 the defult setup after data upgrade is to have the balances not update on posting.
You have three options
1. Run manual Update Balance
2. Setup a Batch to Update the Balance
3. After "Rebuilding Balance" for the 1st time, you can check the box. "Update balance buring the posting process"
This menu can be found under General Ledger > Financial Dimensions > Financial Dimension Set
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