Attention: To align with new corporate security policies, and to match policies adopted by other communities within Oracle, the My Oracle Support Community access requirements will change beginning September 18, 2025. MOSC will now require that member accounts in our community be associated to a *corporate* email address. This means that users with generic domains (such as gmail.com, yahoo.com, and others) will no longer be granted access to the discussion forums and ideas labs. If this policy affects you, act now to change the email address that is associated with your Oracle (and community) account. Alternatively, you can opt to create a new Oracle account that uses your corporate email domain.

General Ledger - EBS (MOSC)

Revaluation - Discrepancies with the revaluation adjustmen

Sep 8, 2009 8:19AM edited Sep 9, 2009 7:00PM in General Ledger - EBS (MOSC) 1 commentAnswered

Document 160461.1 states that Discrepancies with the revaluation adjustment amount can arise if functional currency

adjustments are made to the account that is being revalued. This is because the foreign

currency rows with translated flag set to "R" are still in the gl_balances table. Remember

that revaluation looks at these foreign currency rows with translated_flag set to "R",

not the functional currency rows with no translated_flag. So if adjustments are made in

functional currency,revaluation will not recognize this, and the revaluation adjustment

will appear to be incorrect.

What is the best approach to fix prior year discrepancies related to adjusting amounts

0

Howdy, Stranger!

To view full details, sign in to My Oracle Support Community.

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month