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Enable multifund accounting checkbox not available

Summary:

Enable multifund accounting checkbox not available

Content (please ensure you mask any confidential information):

We are exploring the use of Multifund Accounting and the option to enable this is gray out. I am looking through some old posts, according to this one (https://community.oracle.com/customerconnect/discussion/comment/378224#Comment_378224?utm_source=community-search&utm_medium=organic-search&utm_term=Enable+Multifund+Accounting):

Multifund Accounting can be enabled only when there are no transactions for the business units associated with the ledger.  In addition, this choice cannot be reverted once selected.

  • Is this the reason why this option is not available for me to check the box now?

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