Adjustments to ICB Data

To make changes to ICB data you could either choose to edit the original value or post an adjustment journal.

ICB journals are created in the same way as standard journals.

1. From the menu ribbon Create Journals. The journal status window will appear.
2. Select your entity and version and click New
3. From the Type drop-down, select ICB.
4. Complete the journal details just as you would for an ordinary journal.

As you have selected the ICB Type of journal – the Balance To column will appear.

• If you have selected a non-ICB variable in a line of the journal, the Balance To column will automatically contain the entity which the journal is raised for.
• If the variable is an ICB Variable, double-clicking the Balance To column will display a list of possible partner entities to which the ICB journal can be made. Select one of these, and click OK.
  

!An ICB Journal can only contain one ICB Variable. The other side of the adjustment must be to a non ICB variable.

*The quickest way to view the adjustments that need to be made is to view the ICB table in a browser with the DIFFERENCE view in the ICBDiff dimension. This will display the differences in the ICB figures. The difference figures are the amounts you will need to adjust to achieve inter-company balancing.