Manual Adjustments

The Manual Adjustment function on the SLICE Desktop provides a mechanism for updating financial amounts held in SLICE. In fact, apart from source system accounting events, the Manual Adjustment screen is the only method of impacting account balances held in SLICE. In doing so it also provides appropriate control over the input, processing and reporting of adjustment journals.

Outline of the manual adjustment process

The steps in posting a journal can be summarised as:

1. Create — the header is created and savd as work in progress. Journal lines are then added and all the required information included.
2. Submit — on submission, SLICE validates and writes to an un-posted table in the database with a status of “Awaiting Authorisation” for a permanent journal. For a for a reversing journal the data is posted to the journal.
3. Authorise — this must be done by a person other than the creator and applies to permanent manual adjustment only. The authorisation process revalidates the journal and writes to an un-posted table ready to be posted to the ledger following the date roll at the start of the overnight batch.

• Manual adjustment tasks how to

• FI SLICE manual adjustment reference