EGL: Accounting Date For Reversal Journals Is Incorrect When Using Daily Calendar For A Business Unit/Ledger Group
(Doc ID 1670320.1)
Last updated on FEBRUARY 06, 2019
Applies to:PeopleSoft Enterprise FIN General Ledger - Version 9.1 to 9.2 [Release 9]
Information in this document applies to any platform.
Accounting Date for Reversal Journals in Journal Entry page is incorrect when using Daily Calendar in Business Unit.
For example, when creating Journal with Accounting Date 2013/11/29 (Fri) and then specify “Beginning of Next Period” on Journal Entry Reversal page in Journal Entry,
accounting date for reversal journal sets 2013/11/29 (Fri) also. In such case, it should be set 2013/12/02 (Mon) which is the next business date.
1. Set Up Financials/Supply Chain > Common Definitions > Calendars/Schedules > Detail Calendar
Create a new calendar with End Date Default has "Days"
2. Set Up Financials/Supply Chain > Business Unit Related > General Ledger > Ledgers For A Unit
Use daily calendar for a certain Ledger Group
3. Set Up Financials/Supply Chain > Common Definitions > Calendars/Schedules > Business Calendar
Checking off both Saturday and Sunday on Normal Business Days for the related Holiday List
4. Set Up Financials/Supply Chain > Business Unit Related > General Ledger > General Ledger Definition
Selecting a holiday list which updated on the Step 3.
5. General Ledger > Journals > Journal Entry > Create/Update Journal Entries
1) Create a journal with Accounting Date 2013/11/29
2) Specify “Beginning of Next Period” on Journal Entry Reversal page
6. Run Journal Edit
7. The date of 2013/11/29 sets to Accounting Date for reversal Journal
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