Error Posting Is Not Allowed For This Account At Retained Earnings Account
(Doc ID 2385422.1)
Last updated on SEPTEMBER 12, 2018
Applies to:Oracle General Ledger - Version 12.0 to 12.2 [Release 12.0 to 12.2]
Information in this document applies to any platform.
While setting up a new ledger the following error occurs:
Posting is not allowed for this account
STEPS TO REPRODUCE:
1. Open the following screen
Responsibility: General Ledger
(N)Setup : Financials : Accounting Setup Manager : Accounting Setups
2. Update Ledger: Leger Option (Step 2 of 4)
3. Enter a value for Retained Earnings Account
4. The error occurs
To view full details, sign in with your My Oracle Support account.
Don't have a My Oracle Support account? Click to get started!
In this Document