How to Correct Misclassified Account After Having Run The Year End Closing Journal (Doc ID 295033.1)

Last updated on SEPTEMBER 19, 2016

Applies to:

Oracle General Ledger - Version 11.5.2 to 11.5.10.2 [Release 11.5.2 to 11.5.10]
Information in this document applies to any platform.

Goal

The goal of this document is to provide the steps needed to correct wrong Retained Earnings Account balances, which were updated by posting the Year End Closing Journals based on Misclassified Accounts Types.

Solution

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