11i: Cross Currency / Intercompany Receipts Are Accounted to Suspense Account - Why?
(Doc ID 111674.1)
Last updated on DECEMBER 04, 2019
Applies to:Oracle General Ledger - Version 11.0.1 to 22.214.171.124 [Release 11 to 11.5.10]
Oracle Receivables - Version 11.0.1 to 126.96.36.199 [Release 11.0 to 11.5.10]
Information in this document applies to any platform.
You are using Cross Currency Receipts and Intercompany Accounting.
When AR Receipts are entered against invoices, with a different balancing segment value, results in an unbalanced cross currency suspense account and no intercompany accounting entries.
Receipt in DEM with accounting for company 01 is applied to EUR Invoice for company 02.
This means that the balancing segment of the code_combination_id (ccid) used for the cash account that is debited is different than the balancing segment of the ccid used for the receivables account that is credited.
During GL Import the suspense accounting entries are created for the two cross currency journals in DEM and EUR.
During posting of the batch in GL the intercompany journal lines are not created, because for the journals the company segments are balanced.
This results in intercompany accounting entries on the suspense account instead of the defined intercompany accounts.
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