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JLZZGAXR: General Ledger Inflation Adjustment Report Does Not Show Expected Amounts (Doc ID 3002252.1)

Last updated on FEBRUARY 05, 2024

Applies to:

Oracle Financials for the Americas - Version 12.1 and later
Information in this document applies to any platform.
JLZZGAXR

Symptoms

Running the Latin American General Ledger Inflation Adjustment Report for the first time and the values found in the report are not as expected.

Example Report Output:
Accounting Flexfield                                           Period1 Beginning Balance (BB) Period1 to Period3 Activity Inflation Adjustment Adjusted Balance
xx-63xxxxx-0000-00-000000-0000-0000-0000            95000.00                                    47500.00                   3990.00               146490.00

Account inquiry balances of account - xx-63xxxxx-0000-00-000000-0000-0000-0000
Detail Balances
Period                  Currency    PTD             YTD
PriorPeriod          CCC         47,500.00   50,1976.00
Period1               CCC         47,500.00    47,500.00 -- First period of new year. Income Statement account so year to date balance will zero out to start this period.
Period2               CCC         47,500.00    95,000.00
Period3               CCC         47,500.00  142,500.00

Where the expected values would be Period1 BB of Zero (0) and the Period1 to Period3 Activity being 142,500.00.


The User Guide provides the following for this report:
Oracle® Financials for the Americas
User Guide
Release 12.2
Part No. E48764-02

Under Common Country Section:

Beginning Balance The beginning balance in the first period of the period range of the adjustment.
To Activity The balance of existing transactions for the accounting flexfield during the period range of the adjustment.

Inflation Adjustment The adjusted amount from the Inflation Adjustment process.

Adjusted Balance The ending balance of the accounting flexfield after the adjustment. This is the sum of the values in the Beginning Balance, Activity, and Inflation Adjustment columns.
Oracle General Ledger prints two asterisks (**) next to the adjusted balance if at least one journal entry contributing to the balance carries an Inflation Adjustment Date different from the journal entry effective date.



This is a new use of this report and this issue is being seen for all accounts, all periods.




Cause

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In this Document
Symptoms
Cause
Solution
References


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