Loading Journals to Financial Consolidation and Close

In Data Management, journals enable you to adjust data after it has been entered or loaded into base level entities. Journals provide an audit trail of changes made in the application and indicate, which users made adjustments and which accounts, entities, and time periods are affected.

Data Management supports an explicit load method when loading journals to Financial Consolidation and Close application. Journals are loaded by defining a data rule with the type "Journals." Both Excel and text-based journal loads are supported.