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

Why is our Balance Sheet out of balance after enabling org by period?

in Financial Consolidation and Close 8 comments

Summary:

We have recently enabled the enhanced organisation by period option in FCC in order to manage some upcoming changes to our entity hierarchy but despite much trial and error and SR with Oracle support we are still experiencing issues with the BS being out of balance post changes.

Content (please ensure you mask any confidential information):

We followed the recommended steps to implement EOBP and then shared 2 existing entities under a new sub-parent within the same hierarchy as follows:

When we first made the changes, we could see the values move to 0 % for the 2 entities in the existing structure, but the values did not roll up into the new Sub-parent B. We have an SR with Oracle and tried a few different things and were able to get the values to start rolling up to sub-parent B, although I'm still not 100% clear what the exact process needs to be, as there was much trial and error. Now we have a different issue, whereby we have Balance Sheet out of balance issues in the

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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