20.18.5 GL Level Reconciliation

In GL level reconciliation, the difference between GL system and Product Processors Systems at each reconciliation dimension node level within a GL Code is identified. For manual reconciliation definition, unique GL codes are identified from the GL side. If it is at the solo level, exposures originating in the legal entity are selected. If it is at the consolidated level, exposures originating in the selected legal entity and its Child Entities (with or without intra-group exposures depending on GL Structure) are selected.

The adjustment entry allocation depends on the reconciliation type selected. In GL level reconciliation, after a definition is executed, the differences that emerge as a part of the reconciliation definition (GL–PP level reconciliation) are reported in the Adjustment Entry Table. This table shows all the entries of an executed map that requires adjustment. The difference in amount can either be posted to Product Processors or an external table. For more information on the external table, see the Data Requirement section.

Note:

In GL level reconciliation, the adjustment allocation is always automatic, that is, you do not have the option of editing the allocation ratio.