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FCCS: Opening Balance Adjustment is Not Calculating as Expected Using Formula in The Calculation Manager (Doc ID 2613499.1)

Last updated on SEPTEMBER 05, 2024

Applies to:

Oracle Financial Consolidation and Close Cloud Service - Version 19.06.64 and later
Information in this document applies to any platform.

Symptoms

In Oracle Financial Consolidation and Close Cloud services(FCCS), The Opening Balance Adjustment calculation is defined as below in the Calculation Manager for 'FCCS_10 Opening Balance Carry Forward Rule'. However, the values are not calculated as expected against the Parent Currency.

 The scenario has been described below:

 

      Entity Currency Parent Currency
      Jan Feb Jan Feb
Entity1  Account1  Opening Balance 100 0 100 0
Opening Balance Adjustment -100 0 -100 -100
Total Opening Balance 0 0 0 -100

 

Cause

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In this Document
Symptoms
Cause
Solution
References


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