15 Balance Computation

Balance Computation in AFCS supports assessment and maintenance of instrument-level accounting balance information. The following functions are also supported:

• Period to date (month, quarter and year to date) average values of instrument-level accounting balance
• Revaluation of instrument-level accounting balance
• Currency translation of instrument-level accounting balance as a part of the period balance

Derivation of instrument-level balance in Balance Computation is based on an initial GL or Subledger Balance (ledger balance) snapshot, and daily or periodic snapshots of corresponding journal entries (debits and credits). Ledger balance and journal entries may be ingested into Balance Computation functions from external sources.

Note:

AFCS Balance Computation tasks will not support processing filtered by or limited to Legal Entity runtime parameter. Such parameter will be retained in the user interface and API for a period not exceeding two forthcoming releases. This is solely to avoid disruptive changes to process configuration in existing service instances. Balance computation processes will be incremental and available for execution per ledger or for all ledgers