Max now has the Balance Validation Rules and Groups created, tested, and imported into the Production system. He now wants to understand how to execute a Balance Validation run.
Balance Validation runs can be executed either individually or scheduled by using background jobs. In a validation run, the system will select the data based on the specified filter criteria, such as entities, ledger, currency type, fiscal year and period. This is validated against the rules that are contained in your specified rule groups. Let’s look at the steps involved in executing an individual run.
Executing an Individual Run Process
- Launch the View Balance Validation Results application.
- Choose the New Validation Icon.
- Select one or more rule groups to execute.
- Input your entity run parameter by selecting the area to be validated. If you pick either Profit Centers or Cost Centers as the entity, the currency types will be based on the assigned Company Code.
- Input your other run parameters such as company code, profit center, cost center, ledger, currency type, fiscal year and fiscal period. If 'Amount in Balance in Transaction Currency' is chosen for any operand during rule selection, the currency type applied will be from this selection, regardless of the currency type chosen in the validation run.
- Choose Run to execute the validation.
Once the validation run is completed, the results are instantly added to the result table as one or more validation result rows. Each row represents one entity validated with one rule group. When the validation is completed, the results will appear in the table
In a following lesson, we will discuss viewing these results. Next, we’ll try executing an individual validation run with a practical exercise.
Key Takeaways
- A Balance Validation run can be executed individually or scheduled.
- In a Balance Validation run, the system selects data based on specified parameters including entity, ledger, currency type, fiscal year, and period.