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Debit Journal To Liability Account Gets Credit Sign (Doc ID 2533582.1)

Last updated on JANUARY 21, 2020

Applies to:

Oracle Financial Consolidation and Close Cloud Service - Version 19.03.55 and later
Information in this document applies to any platform.

Symptoms

On : Any version, in FCCS Application

ACTUAL BEHAVIOR
---------------
 A debit to a revenue/liability/equity account will be negative. A credit for the same accounts will be positive. For expense/asset a debit is positive and a credit is negative

EXPECTED BEHAVIOR
-----------------------
Debit Journal to Liability account should get a debt sign (Customer's Expectation)

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Create Journal Entries, as debit to expense account and credit to revenue account.
2. Consolidate
3. Verify that the amount in expense account is negative.

Customer's expectation here is- debit transaction for expense account should be positive

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution


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