EGL: Why Does Revaluation Create Lines To The Secondary Translation Ledger? (Doc ID 658832.1)

Last updated on SEPTEMBER 14, 2016

Applies to:

PeopleSoft Enterprise FIN Financials Portal Pack - Version 8.9 and later
PeopleSoft Enterprise FIN General Ledger - Version 8.8 SP1 to 8.8 SP1 [Release 8.8]
Information in this document applies to any platform.

This document was previously published as Customer Connection Solution 201057088


****Checked for Relevance on 04-20-2010***
****Checked for Relevance on 01-23-2011***
***Checked for relevance on 07-Aug-2013***


Symptoms


We have set up a business unit whose base currency  is GBP using LOCAL (GBP)  and ACTUALS  (USD) ledgers ,  we are using multi-book ledger for the translation to USD in ACTUALS.  When we run the revaluation job,   the gain/loss entry is fine for the LOCAL ledger however is  also translated to the ACTUALS ledger

It should not be automatically generating the translation ledger lines.

If we run translate within, it "keeps the ledgers in sync" but the amounts on the primary ledger are 0.  We feel the same thing  should happen for revaluation

Cause

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