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Revaluation Did Not Pick Some Accounts Having Foreign Currency Balances, Showing: No revaluation journal entries were created.Balances may have already been converted at the revaluation rate (Doc ID 2884494.1)

Last updated on MARCH 17, 2024

Applies to:

Oracle General Ledger - Version 12.0.0 and later
Information in this document applies to any platform.
GLCRVL: Program - Revalue Balances
General Ledger (GL)

Symptoms

Revaluation did not run for some particular accounts while manual foreign currency journals were entered and posted before running the process. It worked fine for the same accounts and previous periods, when balances existed.

Currently previous balances do not exist for the accounts but new journals were entered as indicated above.

 

WARNING - Revaluation Execution Report:
No revaluation journal entries were created.
Balances may have already been converted at the revaluation rate, or you may have insufficient access to the ledger, balancing or management segment value you are attempting to revalue.
 

STEPS TO REPRODUCE:
The issue can be reproduced at will with the following steps:
1. General Ledger Responsibility > Journals > Enter > Create journals manually using foreign currencies for a specific period and account
2. Post the journals
3. Currency > Revaluation > Run Revaluation for the accounts range including this sample account and the same period the journals were created for
4. Observe the output for the concurrent request > no journals were created

Changes

 None

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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