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Incorrect opening balance FCCS_Retained Earnings Prior

in Financial Consolidation and Close 7 comments

Summary:

In the first month of the new year (Jan) for most entities opebal for FCCS_Retained Earnings Prior is incorrectly calculated.

Content (required):

Approx 80% of the entities have incorrect opening balance on RE Prior account. This account was empty in Dec 2021, so in Jan 2022 I would only expect the ending balances on FCCS_Retained Earnings Current to go to the opening balance of RE Prior. I see no explanation for the data I see. Some info on application: DSO, only EUR so no translations, simplified account structure.

Seeded account Retained earnings has two children: RE Current and RE Prior. We changed the aliasses of all three accounts, no other properties are changed. We added new parents between FCCS_Total Equity and FCCS_Retained Earnings.

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