FCCS system allowing cross-entity journal posting — Cloud Customer Connect
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

FCCS system allowing cross-entity journal posting

in Financial Consolidation and Close 2 comments

Summary:

Hi Experts,

FCCS system currently allowing journal entries to be posted across different entities, even when the entities involved are not the same.It permits the creation and posting of balanced journal entries under these conditions, which is not the expected behaviour.

Example

Dr. Entity A 100

Cr.Entity B 100


Since the journal is technically balanced, the system accepts and posts the entry.However, this results differences in the balance sheets of individual entities.Is there a way to control this in the system?

Thank you

Content (please ensure you mask any confidential information):


Version (include the version you are using, if applicable):

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!