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Why doesn't Fixed Assets Subledger Accounting Consider the Mapping Set in Journal Entry Rule Set?

edited Mar 6, 2025 2:20PM in Assets 2 comments

Hi All,

We currently have a General Ledger Chart of Accounts Mapping between a Global Chart of Accounts (Used by Primary Ledgers) and a Local Chart of Accounts (Used by Secondary Ledgers). As part of the mapping, all of the segments are copied across from the Global COA to the Local COA apart from segment 4 which is known as 'Local GAAP'. For this, it derives the values based on a combination of Legal Entity and Natural Account (Example Attached).

Recently an end user found that for Fixed Assets, it was not populating segment 4 as per the mapping defined however for all other subledgers it was populating it correctly. So we raised an SR with Oracle and after they looked into this, they mentioned that this was because there was no account rule in the journal entry rule set for segment 4 (Local GAAP) and due to this, the system uses the Account Combination Rule for the Book Controls Default Account for the ‘Cost’ Accounting Class and then it assigns the Local GAAP segment 4 value as per the

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