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The Opening Balance Of An Account Isn't Equal To Closing Balance Of Previous Period In Translation (Doc ID 2509906.1)

Last updated on MAY 18, 2022

Applies to:

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


On : version, Set Up FCR-Define Ledgers

 - opening balance of any account to be same as closing balance in translation report.
 e.g:- For asset/liability account, the opening balance in translated currency is (opening balance in ledger currency * period end rate)
 - can it be set to be equal to closing balance of previous period and translation adjustment to be posted as period activity.


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