5.3 Revaluation Settings

The Revaluation Process reads the following setup information during the process execution. To setup the Revaluation Settings, follow these steps:

  1. From OFSBCE Home, select Financial Services Balance Computation Engine, select Application Setup, and select Revaluation. The Revaluation Settings page is displayed.
  2. In the Revaluation Settings page, set the following values. These settings affect the design and execution part of the Revaluation Process in the PMF.

    Figure 5-3 Revaluation Settings Page


    Revaluation Settings

    Table 5-1 Revaluation Settings entities and their description

    Entity Description
    GL Types The General Ledger types of those journal entries, which must be considered during the Revaluation Process.
    Offset Select this option if you must generate the offset balances against the Revaluation Adjustments for equivalents.
    Offset COA Values

    Order the Offset Chart of Account values either by the Default value or System value.

    System: Instrument gain is a part of the output of the offset entries. Every calculation is done at the Management Ledger Gain level including the instrument account. Then in the Revaluation process execution stage, for each account in the Management Ledger the offset balance is generated.

    Default: When the Offset COA Values are set to Default, the system generates the offset balances at the Legal Entity grain.

    Reversal Select this option if you want to revise the Revaluation for period balances by reversing the prior period adjustments and adding current period adjustments.
  3. Click Save Revaluation Settings Page.