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Revaluation journal is not reversed in next period

in General Ledger & Intercompany 5 comments

Summary:


Content (please ensure you mask any confidential information):

0. GL periods are closed till May-24. Jun-24 is current GL open period.

1. Specify Ledger Options - Run AutoReverse after open period is checked

2. Manage Journal Reversal Criteria Set
Category - Revaluation
Reversal period - Next Nonadjusting period
Reversal date - First Day
Automatic Reversal option - Reverse and Post Automatically

3. Manage Revaluations - Post automatically is checked for the ledger revaluation rule

There are only 3 revaluation journals for Mar-24 and those are not reversed in the next period Apr-24.

All other revaluation journals from Jan-24 to May-24 are reversed as expected. We can see reversal of revaluation has and is working fine, except for Mar-24 revaluation journals are not reversed.

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