Reclassification (Natural Accounts)

Hi Team,

In R12.1.3 - We are leveraging multi-period accounting (MPA) feature for creating recurring transactions in sub-ledgers (Payables).

There is a frequent requirement for reclassification (natural accounts).

We end up creating journals in GL to debit the original journal entry from sub-ledger and then pass relevant journal entries, which is a tedious task.

Cancelling sub-ledger transactions is also tedious in terms of reconciliation, can we reclassify the natural accounts using some other feature.

Any pointers in this regard shall be of help.

Regards,

Saurabh Singhal.

+91 - 8884111518.