15.8.4 Use and Execute the Revaluation Process

Ensure Revaluation Preparation pipeline is executed before executing this pipeline.

Note:

The accounting entries data service and Balance computation task will not consider data source for processing.

Based on the Revaluation rule fetched from the ERP:

• Revaluation processing in BCE is carried out
• Offset accounts are assigned

Note:

More than one Balance Revaluation Management Ledger process should not be simultaneously executed with the same set of runtime parameters. Refer below table for the list of runtime parameters supported.

Note:

The current AFCS release will assume daily reversal and even if present, ignore explicitly provided Reversal Date information from ERP metadata. The current release will also not support revaluation of a (secondary or reporting) ledger with related primary ledger as the basis. AFCS will currently only allow revaluation basis to be ‘Self’.

Ensure that you Resave Hierarchies and then proceed with the use and execution of the Balance Computation Management Ledger Process.

To create and execute the Revaluation Process (Balance Revaluation Management Ledger Process) in the Process Orchestration, do the following:

1. To access the Balance Revaluation (Balance Revaluation Management Ledger Process) Pipeline, on the Home Page, select the Process Orchestration.
   The Process Modeller Page is displayed.
2. On the Process Modeller Page, search and select the Balance Revaluation Management Ledger process.
   The Process Flow Page is displayed. This Process Flow is designed on the Drawing Canvas using the Transition, Activity, and Widgets Components available in the floating tool bar. The Balance Computation Widget is used for each GL Type Activity such as Assets, Liabilities, Expenses, Revenue, Gains, Losses, Contra Asset, Contra Liability, and Owner’s Equity set in the Balance Revaluation Settings Section. The Activities are repeated in the Run for each General Ledger Type and are executed in parallel.
3. To view the details of any Activity, double-click on the Activity and the details related to its Activity, Transition, and Notification are displayed. GL Type for the GenerateOffsets Task need to be NULL or blank. On the drawing canvas, you can select and see the Definition, Data Fields, and Application Rule details.
4. To execute the Run, you can select the Run Parameter Values using the Execution Button on the Process Page or on the Process Modeller Page.
5. Go to the Process Modeller Page to execute the Run. Click the Menu Button corresponding to the Balance Revaluation Management Ledger Run process that needs to be executed. Click Execution icon.
   The Execution Page is displayed.
6. On the Execution Page, to execute the Run with parameters, select With Parameters in the Execution Type List. Select or enter the required values for each field as follows:

   Table 15-11 Balance Revaluation Management Ledger Process - Execution Page Field Names and Description

   Field Name	Description or Instruction
   Rate Date	Use the Calendar button to select the currency date.
   Extraction Date	Use the Calendar Button to select the Extraction Date or As of Date for the pipeline.
   Ledger Name	Select the Ledger pertaining to the ERP_CC_ID (Code Combination ID) that has undergone revaluation in the ERP system. Note: Do not select "All" option. Note: Do not select multiple ledgers.
   Legal Entity	Use the Link button to select atleast one Legal Entity from the Available Values List, move it to the Selected Values List, and click OK. Note: Do not select "All" option. Note: Do not select multiple legal entities.
   Revaluation Rule Name	Enter the revaluation rule name as same present in the ERP system. Note: You must enter one rule at a time for each execution.
   Rate Version	Enter the required exchange rate version.

7. To save the details and execute the Run, click Execute. The Run Execution begins.

   Note:

   The execution of the Run Pipeline is triggered using the selected As of Date.

   See the Managing Processes Section for more details about the Processes.

8. To verify the Run Execution of the Balance Revaluation Management Ledger Process, do the following:
   1. To open the Process Monitor Page, on the Process Modeller Page, click the Process Monitor Button or select Process Flow Monitor on the Process Menu on the Process Modeller Page.
   2. The Process Monitor Page is displayed listing all the Run Instances corresponding to the Balance Revaluation Management Ledger Process. On the Process Monitor Page, search by the Process ID, or by the Process Name Balance Revaluation Management Ledger, and select the Process Instance for the required Run Pipeline (Process) that was executed.
9. The Process Flow Page is displayed with the Run Execution Status on each Node of the Balance Computation Management Ledger Process.
10. To verify the Run Execution Logs, do the following:
    1. On the Process Monitor Page, click the required Process Instance for which you need to verify the Execution Logs.
    2. To see the Execution Status details of a Node, double-click on that Node. The Execution Status details Page is displayed. Click Execution Logs.
    The Log Viewer Page is displayed, which lists all the Logs related to the Process Instance. To see an elaborated information of a log entry, click the Show More Button. Click outside the Log Viewer Page to close it.