Register today for Oracle CloudWorld. October 17th - 20th, Las Vegas

Register now

Hillel Cooperman, Senior VP of User Experience Design, has a message for you on Oracle CloudWorld

Watch now
How does a Balance being cleared off using Accretion — 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

How does a Balance being cleared off using Accretion

Question
7
Views
0
Comments
edited Nov 30, 2018 7:48AM in Account Reconciliation

Content

Would like to ask, how does the balance is being cleared off when there is an accreted transaction?

In Amortization, ending amount is being reduced to 0. In Accretion, ending amount starts at 0 and adds up every period by the amortization amount. Is there a possibility that the accretion will be reduced to 0 as well?

 

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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