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Why GL Revaluation For Assets Does Not Use Primary Ledger Entered Currency ? (Doc ID 2446707.1)

Last updated on MAY 22, 2020

Applies to:

Oracle Fusion Assets Cloud Service - Version 11.13.18.02.0 and later
Information in this document applies to any platform.

Goal

Why GL Revaluation for Assets does not use Primary Ledger entered currency and instead uses the same reporting currency?

When a subledger journal from applications such as Purchasing or Payables is posted to a reporting currency ledger (f.e. USD), having the Primary Ledger in a different currency (f.e. EUR), the journal in the PL displays both the primary currency EUR (entered ) amounts and accounted currency (EUR) and for the reporting currency EUR (entered ) and USD for (accounted) amounts. For Fixed Assets journals, the reporting currency journal only shows the entered and accounted amounts in the reporting currency (USD); this causes the GL revaluation process for Assets journals not to generate the expected results.

 

Solution

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In this Document
Goal
Solution
References


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