Unbalanced IAC Accounting For Partial Retirement Of Assets. (Doc ID 1924948.1)

Last updated on MARCH 08, 2017

Applies to:

Oracle Public Sector Financials (International) - Version 12.0.6 and later
Information in this document applies to any platform.
IAC: Inflation Accounting for Assets (UK Central Government functionality in Oracle Public Sector Financials International suite).

Symptoms

After partially retiring an IAC asset and running the Create Accounting - Assets program, the assets that have been partially retired show an out of balance error on the Create Accounting - Assets report. The journal is out of balance by a small rounding amount like 0.01. The error message displayed for each asset is;

Error
------
'The subledger journal entry does not balance in the entered currency. Please verify the entered amounts on the journal entry lines.'

Cause

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