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FCCS_Retained Earnings Prior Opening YTD - Very High

edited Apr 8, 2020 5:41PM in Financial Consolidation and Close 11 comments

Summary

FCCS_Retained Earnings Prior Opening YTD - Very High

Content

Hi All,

I have a problem with Opening Balance for the "FCCS_Retained Earning Prior" Account.

I have a FCCS Application with YTD Logic. The main consolidated node is in EUR Currency and it has three children (two in EUR Currency and one in USD Dollar).

I populated the FY18 (Only December and only entities in EUR Currency) and FY19 (All Months and all three entities).

For the FY19 and for the entity in USD Dollar the "Retained Earnings Current- Exchange Rate Difference" (FCCS_REC OBFXCTA) is properly populated and I have no problem. This account stores the difference between YTD  "Retained Earnings Current - translated at average rate" and YTD "Retained Earnings Current - translated at closing balance".

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