6.2 Instrument Level Period to Date Balance

Instrument level Month to Date, Quarter to Date and Year to Date accounting balance figures are assessed based on instrument accounting balance figures across multiple MIS dates, calendar information and fiscal or accounting period definition.

Note:

For the backdated journal processing, ensure that the period to which you are posting the journals to is an open period as set in the Legal Entity Settings section.

Data Foundation Integration with FAH does not verify status of the period that a specific journal or transaction is intended for, indicated in corresponding header record. If the accounting environment in use is Oracle ERP or Oracle ERP Cloud Services, such verification will be performed in the ERP system or service.

If a journal received from accounting source, Oracle or otherwise, is backdated, ie., accounting date is prior to MIS date, BCE will update balance figures for corresponding Chart of Accounts segment codes and instrument code cumulatively from the earliest accounting date all the way through to provided MIS date for balance computation, if and only when corresponding fiscal periods are not marked closed.

Additionally, when the backdated journals are processed, the system recomputes the daily movements, period-to-date, and period-to-date average balances for the range between the journal posting date and the FIC MIS Date. Based on the preceding method, the larger the range between the two dates, the greater is the duration for execution.