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Reversal amounts generated for FCCS_Entity Total Adj->FCCS_Mvmts_FX_Movement->FCCS_Intercompany Elim — Cloud Customer Connect
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Reversal amounts generated for FCCS_Entity Total Adj->FCCS_Mvmts_FX_Movement->FCCS_Intercompany Elim

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in Financial Consolidation and Close

Summary:

Reversal amounts got generated on FCCS_Entity Total Adj->FCCS_Mvmts_FX_Movement-FCCS_Intercompany Eliminations, which is causing a residual on Intercompany account at the top. This is very confusing - how could FX be reversed for an Asset account. Anyone can shed light on this ? Much appreciated.

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Dear Experts,

Some of my Intercompany accounts are not fully eliminated at the top. The residual is caused by that the system automatically writes an reversal amount on FCCS_Entity Total Adj, for the FCCS_Mvmts_FX_Movement calculated for elimination amounts. Anyone can help to explain ?Much appreciated.

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