Effects on GL Balances after changing a DFF value on a segment value set?
Hello:
Our Corporate KFF consists of the following segments ->
Division - Natural Account - Cost Center - Future -Project - Intercompany
Division is the balancing segment. On the Division valueset, each value has a DFF that ties the division to the respective set of books. Some of our divisions were set up with incorrect set of books and as such the balance have been reporting in incorrect currencies. This issue is eventually corrected during translation and revaluation. But now we need to correct the divisions to reflect the correct currency. Our steps in this regard would be to run trial balances for the concerned divisions, change the set of books on those divisions, run translations and revaluations and then run trial
Our Corporate KFF consists of the following segments ->
Division - Natural Account - Cost Center - Future -Project - Intercompany
Division is the balancing segment. On the Division valueset, each value has a DFF that ties the division to the respective set of books. Some of our divisions were set up with incorrect set of books and as such the balance have been reporting in incorrect currencies. This issue is eventually corrected during translation and revaluation. But now we need to correct the divisions to reflect the correct currency. Our steps in this regard would be to run trial balances for the concerned divisions, change the set of books on those divisions, run translations and revaluations and then run trial
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