Posting - Error16 - Unable To Balance Intercompany Accounts: PPOS0248: The following intracompany journals require intracompany balancing rules to be defined (Doc ID 2078430.1)

Last updated on MARCH 31, 2017

Applies to:

Oracle General Ledger - Version 12.1.3 and later
Information in this document applies to any platform.
Executable: GLPPOSS - Posting: Single Ledger

Symptoms

Created new Journal with Category 'Addition' and Journal Source 'Manual'.
When attempting to post, the following error occurs:

ERROR
Error16 - Unable to balance intercompany accounts

From log file, can see the below error:
PPOS0248: The following intracompany journals require intracompany balancing rules to be defined


STEPS
The issue can be reproduced at will with the following steps:
1. Create journal entries for specific accounts

2. Attempt to post, see the error in the logfile

 

Changes

 New journal created

Cause

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