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

Data for alternate entity hierarchy in equity section is flipped

in Financial Consolidation and Close

Summary:

We created an alternate entity hierarchy. Ownership management and enhanced org by period are turned on. Everything is 100% owned.

Some accounts in the equity section for the alternate hierarchy only are being flipped. We reached out to Oracle and were told 'You can adjust this using some journal adjustments in the alternate hierarchy'. When we tried this both the alternate and primary hierarchy members were impacted, even though we selected the specific alternate members for the journal. We did find documentation that Oracle was going to no longer allow JE's for alternate hierarchies but figured since we were able to select the members that was not yet the case.

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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