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How to Clear Translation Balance For Equity Accounts on Specific Balancing Segment Value? (Doc ID 2769879.1)

Last updated on APRIL 19, 2021

Applies to:

Oracle Fusion General Ledger Cloud Service - Version 11.13.21.01.0 and later
Information in this document applies to any platform.

Goal

On : 11.13.21.01.0 version, Period Close Setup & Processing

How to clear translation balance for equity accounts on specific balancing segment value

Have migrated all balances from entity code AAA in ledger "LEDGER EUR" to new entity code BBB in new ledger "LEDGER UK (EUR)". All currency balances for AAA have been journaled to zero in period Jan-21. Translation to USD has been rerun for ledger "LEDGER EUR" which was expected to set the Jan-21 translated balances to zero. However, the equity combinations are retaining translation values.
Tried updating the historic rates for the  equity combination to value type 'amount' and value '0.00', ran the "Delete Translated Balances" process for parameters LEDGER EUR and Jan-21, rerun translation for AAA, but the translation equity account balances remain.
How to remove these translated balances?
 

Solution

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