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

Trapped data in alternate rollup

Received Response
62
Views
13
Comments

Summary: Trapped data in alternate rollup

Content (required):

When we move entities between International and Domestic, Opening Balance numbers don't move, only movement changes numbers move. Hence closing balance numbers are incorrect. For example, if we move an Entity A from International to Domestic, run consolidation, the Opening Balance numbers are "trapped" in International, only changes in movement move to Domestic.

If I re-open alternate hierarchy when we moved entities, reconsolidate, still Opening Balance numbers aren't moving to the right rollup.

To fix this problem, we can do Journal Entries on International and Domestic. Do we have more efficient solution for this instead of Journal Entries?

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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