When Are "Reclass" Entries Generated For Hedges
Last updated on MARCH 08, 2017
Applies to:Oracle Treasury - Version 12.1.2 to 12.2.4 [Release 12.1 to 12.2]
Information in this document applies to any platform.
You need to understand when the RECLASS DATE_TYPE for FX deals is utilized? It is related to when a Hedge has an amount reclassed but you processed this and did not see this Amount Type show up in your accounting entries.
1) Successfully Create Cashflow Hedge (i.e. Hedge Attribute, Hedge Items, Hedge Instruments) > Perform effectiveness testing and create a revaluation batch. Process a "Reclassification" on the Hedge (Hedge Attributes > Reclassifcation Tab > Enter Hedge Value), create a new revaluation batch > No RECLASS entries are created.
We need to understand how the "Reclassification" functionality in Oracle Hedging works and how the "RECLASS" amount type in the Journal Entry Action setup is generated and when (Daily Journals or Revalulation Journals).
JEA setup currently have for FX Forwards.
Sign In with your My Oracle Support account
Don't have a My Oracle Support account? Click to get started
Million Knowledge Articles and hundreds of Community platforms