What is the best practice for effective start date to create custom subledger accounting rule
Could you please suggest the best practice to give the effective start date to create custom subledger accounting rule.
Example: We created one subledger accounting rule to change the default cost center for all depreciation expense accounts and gave the effective start date as June 8 and end dated the oracle seeded one. so how the system behaves in this case?
All the entries will go to new cost center? or entries created before June 8 will be account with old cost center and after June 8 entries will be post with new cost center?
Could you please help to understand the impact of the starting date for the custom subledger accounting rule.