Posting Journals

You can post a journal after it is approved. You can post a journal from the Edit Journal dialog box after you submit and approve it, or you can post it later by selecting it from the journals list on the Process Journals workspace.

From Process Journals, you can also select the Advanced process bar button to post a journal directly from Working or Submitted status without submitting or approving it first.

The scenario view to which a journal is posted depends on the setting for the Scenario attribute “ZeroViewForAdj.” If this attribute is set to Periodic, the journal is posted to the Periodic value. If this attribute is set to YTD, the journal is posted to the YTD value.

You can post journals one at a time or in batches. You must have the journal period open before you can post. You must have All access to the security classes of every entity for the detail lines to post the journal.

Your ability to post a journal also depends on the process level of the data in the journal. For example, if you have a process management security role of Reviewer 2 and the data that the journal affects is at Process Level 6, you cannot post the journal. See Process Levels.

These four Value dimension members are valid for posting journals: Entity Currency Adjustments, Parent Currency Adjustments, Parent Adjustments, and Contribution Adjustments.

You can post a journal to a specific parent and child combination (node) by using one of these Value dimensions:

Parent Adjs - Applied to the node before consolidation.
Contribution Adjs - Applied to the contribution when determining the contribution total.
Note:
Node adjustments are posted in the currency of the parent.

When you post a journal, the system recalculates the account balances so that the database reflects the adjustments. The journal status changes to Posted, and you can view the adjustment in a data grid.

Note:

Do not delete or rename a posted journal, as this will result in “hanging” data for the adjustment values that the journal had created.

Web Procedure

To post journals:

On the Process Journals page, set the journal point of view.
Select the journals to post.
You cannot post previously posted journals.
From Process, select Post.
Tip:
You can also select Post from the Process drop-down list from within a journal.