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Nov20 Update - extended scope of translation and consolidation logic

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edited Oct 30, 2020 1:19AM in Financial Consolidation and Close 4 comments

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Hi Oracle, 

In the Nov 20 release notes, it mentions the following:

EXTENDED ACCOUNT SCOPE OF TRANSLATION AND CONSOLIDATION LOGIC

Previously not all system rules were applied consistently to all accounts outside of the “FCCS_Balance Sheet” hierarchy. This has now been updated to apply the same system rules to all relevant accounts regardless of their position in the Account dimension hierarchy.

Is there a complete documentation of what will exactly change due to this extended scope? 

We have built some accounts outside of the FCCS_Balance Sheet hierarchy (e.g. validations) under the assumption that logics such as opening balance calculation / roll forward will not be applied to these accounts. 

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