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R11i Income Statement Closing Journals: Wrong Balance in Functional Currency (Doc ID 750129.1)

Last updated on SEPTEMBER 05, 2019

Applies to:

Oracle General Ledger - Version 11.5.10.2 to 11.5.10.2 [Release 11.5.10]
Information in this document applies to any platform.
***Checked for relevance on 04-Oct-2011***


Symptoms

On 11.5.10.2 in Production:
Find that the 'Close Process - Create Income Statement Closing Journals' is not working correctly.
A code combination (of type revenue) having a zero balance in functional currency gets picked up by the request, as there is an unbalanced foreign currency balance existing.
The foreign currency imbalance gets corrected by the request creating the needed journal. However this results into the fact, that now the code combination is unbalanced in the functional currency, which is of course not wanted.

EXPECTED BEHAVIOR
Expect that the request is not only creating a journal to balance the foreign currency but also to balance afterwards in the functional currency.

-- Steps To Reproduce:
The issue can be reproduced at will with the following steps:
1. Create a situation that a code combination has a zero balance in functional currency, but an imbalance for a foreign currency.
2. Run the 'Close Process - Create Income Statement Closing Journals' request
3. Check the result... now the code combination has a zero balance for the foreign currency but is unbalanced in the functional currency.

Cause

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In this Document
Symptoms
Cause
Solution
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