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

Default Movement Logic

Received Response
30
Views
2
Comments
edited Aug 13, 2020 2:20PM in Financial Consolidation and Close 2 comments

Summary

We have configured defaults movements for all level 0 balance sheet accounts but have noticed that in some cases a closing balance is generated when it should not.

Content

For example, if I look at the closing balance for stock FCCS calculates a value of 100 even though the value is zero.

P12 Yr19 (in FCCS)                          P1 Yr20 (data input)                    in FCCS

Stock 100                                          Stock 0                                           Stock 100

Debtors 200                                     Debtors 250                                     Debtors 250

I can fix the problem by enetering a zero into FCCS_ClosingBalance_Input for Stock in P1 FY20 and reconsolidating but this isn't a good solution. Does anyone know if this is the expected behaviour or a bug?

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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