7.1 Revaluation Process

This section provides information about the Revaluation Process in OFSBCE.

Figure 7-1 Revaluation Process Flow in OFSBCE

The main phases in the Revaluation process are depicted in the preceding illustration.

The Revaluation Process begins with the data present in the Management Ledger Period Balances. In the Revaluation Adjustments stage, the revaluation adjustments are performed against each period balance amount to calculate the adjustment amount. As a result, during the Revalued Management Ledger Period Balances stage, in the Period Balance table, the adjusted balances are recomputed and inserted in a new row with an incremented version.