Retained earnings closing balance of FY20 not equal to opening of FY21
Summary
Retained earnings closing balance of FY20 not equal to opening of FY21Content
Hi-
We came across an issue where the "Retained Earnings Current" closing balance of FY20 P13 YTD is not reflecting correctly as "Retained Earnings Prior" of P1 YTD FY21. But when I change P13 to Periodic (from YTD), the values are reflecting correctly.
I have although raised an SR with Oracle on this and they have reverted the issue is genuine and they are looking for a reason, any help from the experts here might help resolve this faster.
Many Thanks!!
Amit
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