Is It Possible To Have More Than One Retained Earnings Account Defined In A Ledger?
(Doc ID 2610571.1)
Last updated on JULY 07, 2020
Applies to:Oracle General Ledger - Version 12.1.3 and later
Information in this document applies to any platform.
Two retained earnings (RE)/owners equity (OE) accounts are setup in the same Ledger. When translation and consolidation are run, one seems to go to the Cumulative Translation Account (CTA) and the other seems to stay in the source account. Why would one RE/OE account go to the CTA entirely and one would not when they are assigned to the same account type?
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