Adjustments Flow Logics

Please pay attention to the following flows recap schema :

Balance Sheet Accounts

(1) CLO = OPE+MOVs+ADE

(2) CFY(OPE) = PFY(CLO)

Adjustment Data Entry

Data Entry process is allowed on Movement only. Closing (CLO), Opening (OPE) and Profit Brought Forward (PAL) are excluded

Post/Un-post

The Post Process copy the Adjustment MOVs in the Consolidation Adjustment Layers and recalculates the Closing Movement (CLO).

It then copy the Adjustment MOVs in the Adjustment Journal.

FY re-Opening

The re-Opening Process calculates the Opening Movement (OPE) on the Consolidation Adjustment Layers.

The re-Opening Process calculates the Opening Movement (OPE) in the Adjustment Journal.

Adjustment Closing on re-Opening

For those Adjustment that have been flagged as "to be closed" in the next FY "Yes" the Procedure writes in the CFY ADE Movement the PFY Movements Total with opposite sign in the Credit/Debit info-cubes.

When the Adjustment in the CFY is then Posted the ADE Movement is copied in the Consolidation Adjustment Layers and Journal.

Consolidation (3)

The Consolidation Procedure calculates the Closing Movement of the Adjustment Layers .

For those Adjustment that have been flagged as "to be closed" in the next FY "No" the Closing Movement is the SUM of the CFY Data Entry movements OR if the Adjustment have been posted in the Latest period of the PFY equal to the PFY Closing (or CFY Opening).  The Adjustment are then "preserved" across the FYs.

For those Adjustment that have been flagged as "to be closed" in the next FY "Yes" the Closing Movement is the SUM of the ADE movement and the PFY Closing (or CFY Opening).  The Adjustment is then zeroed.

P&L Accounts

(1) On Retained Earnings Account

Adjustment Data Entry

Data Entry process is allowed on Closing (CLO) Movement only.

Post/Un-post

The Post Process copy the Adjustment CLO in the Consolidation Adjustment Layers .

It then copy the Adjustment CLO in the Adjustment Journal.

FY re-Opening

The re-Opening Process takes the (Revenue-Expenses) contribution of the P&L Accounts of the Adjustment to calculate the Retained Earnings Accounts on the PAL Movement in the Consolidation Adjustment Layers.

The PAL Movement is calculated in the Adjustment Journal too.

Adjustment Closing on re-Opening

For those Adjustment that have been flagged as "to be closed" in the next FY "Yes" the Procedure writes in the CFY ADE Movement the PFY PAL Movement with opposite sign in the Credit/Debit info-cubes.

When the Adjustment in the CFY is then Posted the ADE Movement is copied in the Consolidation Adjustment Layers and Journal.

Consolidation

The Consolidation Procedure calculates the Closing Movement of the Adjustment Layers .

For those Adjustments that have been flagged as "to be closed" in the next FY "No" the Closing Movement is the PAL Movement. The Adjustment are then "preserved" across the FYs.

For those Adjustments that have been flagged as "to be closed" in the next FY "Yes" the Closing Movement is the SUM of the ADE movement and the CFY PAL Movement. The Adjustment is then zeroed.