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Extended Account Scope in 20.11

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edited Nov 16, 2020 5:05PM in Financial Consolidation and Close 21 comments


Details around the extended account scope in 20.11


Updated November 16, 2020

In 20.11 we extended the calculation of opening balance, FX and CTA/CICTA to all accounts with a time balance property of flow.  The exception to this remains revenue/expense accounts under FCCS_NetIncome and revenue/expense accounts under FCCS_Total Other Comprehensive Income.  The opening balance/FX/CTA/CICTA continue to be redirected to FCCS_REC_OBFXCTA and FCCS_OR_OBFXCICTA.  

Previously only accounts with an account type of asset, liability or equity, a time balance of flow and existed within the primary balance sheet had opening balance, FX, CTA/CICTA calculated.  In 20.11 account type and placement of account within the balanced balance sheet have been removed.  Any account with a time balance property of flow now has the opening balance, FX and CTA/CICTA calculated..

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