Retained Earnings when First Period of Fiscal Calendar is an Adjusting Period
(Doc ID 2598664.1)
Last updated on MAY 19, 2020
Applies to:Oracle Fusion General Ledger - Version 184.108.40.206.0 and later
Oracle Fusion General Ledger Cloud Service - Version 220.127.116.11.0 and later
Information in this document applies to any platform.
When we close the year and open the first period which is the Adjustment period, will the Revenue and Expenditure of the previous year be already rolled into Retained Earnings or will this happen in the first non-adjustment period which is 'Jan-XX'?
To view full details, sign in with your My Oracle Support account.
Don't have a My Oracle Support account? Click to get started!
In this Document