Retained Earnings Roll Forward FCCS vs Oracle Fusion Cloud
Summary:
Implementing both Oracle Fusion Cloud Financials and FCCS. Retained Earnings roll forward works differently in each application
Content (required):
IN the Ledger in Fusion, the configuration for retained earnings roll forward rolls everything to a default account code combination while in FCCS everything is rolled forward keeping the existing dimensionality (entity, cost center, location, etc.). Is there a best practice to how to handle these differences? The users feel that whenever they closed down an entity (for example), they have to do a complicated entry in FCCS to zero out each combination of level 0 dimensions for that entity while in the ledger they just have to zero it out in one default set of segment combinations.