Management and Regulatory ADB Reporting

In order to comply with International Accounting Standards (IAS), PeopleSoft General Ledger can also maintain separate daily balances for the period:, one that reflects the journal date (trade date, for example), one that reflects the settlement date, and one that reflects the ADB date. To enable PeopleSoft General Ledger to maintain multiple balances, see Enabling Date Code in PeopleSoft General Ledger.

When you select to maintain multiple balances, for every journal that has an ADB date that differs from the journal date, the system creates two additional entries: an entry for the period based on the journal date and a reversal for the period based on the ADB date.