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Conditional Mapping through FDMEE

edited Sep 21, 2019 4:12AM in Financial Consolidation and Close 3 comments

Summary

Automation of grouping of credits into liability and debits in Assets

Content

We generally records journal entries to regroup the negative numbers coming into Assets to Liability eg Deferred Tax Assets. If it has a credit balance we show as Deferred Tax Liability and if debit we present as Deferred Tax Assets.

Is it possible to automate this through FDMEE or any other Process in FCCS so that this re grouping is not required to be manually done and can be automated?

 

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