14.5 Revaluation

Prerequisite: You must perform ERP GL Journal Ingestion process before performing Revaluation process.

The Balance Revaluation Process is used to adjust the Account Balance Figures of the Denominated Currencies other than the Accounting Currency. The Balance Revaluation Adjustments represent the difference in the Balance Value due to changes in the Currency Conversion Rates between the Date of the Original Journal Entry and the Revaluation Date.

The Balance Revaluation Process begins with the Data present in the Management Ledger Period Balances. In the Revaluation Adjustments Stage, the Revaluation Adjustments are performed against each Period Balance Amount to calculate the Adjustment Amount. As a result, during the Revalued Management Ledger Period Balances Stage, in the Period Balance Table, the adjusted balances are recomputed and inserted in a new Row with an Incremental Version.

Note:

Balance computation processes in AFCS - journal ingestion, decomposition, revaluation and translation - should be run only once per as-of date. The service does not perform a check if such execution is requested, manually or via scheduling. Executing any of these processes more than once per as-of date will result in serious errors in service output.