Subledger Accounting: Create Accounting Error - The Subledger Journal Entry Does Not Balance by Entered Currency and There is No Entered Currency Balancing Account Defined for the Ledger (Doc ID 969260.1)

Last updated on AUGUST 24, 2016

Applies to:

Oracle Receivables - Version 12.0.1 and later
Information in this document applies to any platform.

Symptoms

Attempting to run Create Accounting and Cross Currency Receipts are failing with the following message:

Error 95276

The subledger journal entry does not balance by entered currency and there is no entered currency balancing account defined for the ledger ABC.
Please define an entered currency balancing account for the ledger or update the entered debit and entered credit amounts for each subledger journal entry line
.

How Is The 'Entered Currency Balancing Account' Used?
What 'Account Type' should be used for this account?
Which accounting entries are created in the entered currency balancing account?

Cause

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