14.5.1.1.1 Settings
The Revaluation Process reads the following Settings information during the Execution Process in the Managing Processes. These Settings affect the design and execution of the Revaluation Process in the Process Orchestration.
- To navigate to the Balance Revaluation, on the Home page, click Administration, and click Balance Revaluation. The Balance Revaluation Settings page is displayed.
- Set the following values.
Table 14-4 Revaluation Settings Entities and Description
Entity Description of Action GL Types Review and select these General Ledger Type of Journal Entries, which are required for the Revaluation Process.
Select from the following GL Types list:
- Asset
- Expense
- Loss
- Gains
- Contra Asset
- Contra Liability
- Liability
- Owners Equity
- Revenue
Offset Enable if you need to generate the Offset Balances against the Revaluation Adjustments for Equivalents. Offset COA Values Arrange the Offset Chart of Account Values either by the System Value or the Default Value.
System: Instrument Gain is a part of the Offset Entries Output. Every calculation is done at the Management Ledger Gain level including the Instrument Account. Then in the Revaluation Process Execution Stage, for each Account in the Management Ledger Period Balances, the Offset Balance is generated.
Default: When the Offset COA Values are set to Default, the System generates the Offset Balances at the Legal Entity Level.
Reversal Enable if you need to revise the Revaluation for Period Balances by reversing the Prior Period Adjustments and adding the Current Period Adjustments. - Click Save.