3.3 About Oracle Financial Services Balance Computation Engine (OFS BCE) Application
The Oracle Financial Services Balance Computation Engine (OFSBCE) application supports assessment and maintenance of instrument-level accounting balance information. Instrument, in this context, refers to Account in Oracle Financial Services Data Foundation (OFSDF) and this terminology will be used in this document to avoid any ambiguity with the Ledger Account.
Note:
Balance Computation Engine is designed for use with single-ledger deployments only.- 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
Derivation of instrument-level balance in BCE is based on an initial GL/Sub Ledger balance (ledger balance) snapshot and daily/periodic snapshots of corresponding journal entries (debits and credits). Ledger balance and journal entries may be ingested into OFSBCE from external sources.
Figure 3-1 Balance Computation Engine Workflow
Note:
As of Release 8.1.1.1.0, the OFSBCE Application is available for deployment independent of the OFSDF Application Pack. In this scenario, all the required data and metadata structures are packaged with the OFSBCE Application installer and installed during the OFSBCE Application installation process.If the OFSBCE Application needs to be deployed independent of the OFSDF Application Pack, ensure that the OFSAAI Application Pack is installed and configured for usage. For the installation information, see the Oracle Financial Services Balance Computation Engine Application Installation and Configuration Guide Release 8.1.1.0.0.