IFRS-15 - Period Closing and Month End Re-estimation

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Agiblocks allows you to update all estimated prices in Agiblocks against a particular date. This can be used after month-end to re-estimate all these prices based on market prices of the last date of the month. Like for any re-estimate, this will also result in updating any accruals that are based on an estimated price.

 

When period closure is active, you will be forced to re-estimate all prices against market prices of the last date of the month before you can open a period or close a period.  See the section Re-estimation of Prices at Month End for more information on how to use the re-estimation feature.