General Ledger - EBS (MOSC)

MOSC Banner

Differences between Ledger currency account - Suspense Account - Intracompany Rules

edited Sep 9, 2016 9:32AM in General Ledger - EBS (MOSC) 9 commentsAnswered ✓

Can anyone explain me what is the differences between below 3 setups?

Ledger currency balancing account:

The ledger currency balancing account is used, when ledger currency balancing is enabled. This situation can happen when there is summarization of transaction line amounts into journals.

Suspense Account:

If you have multiple companies or balancing entities within a ledger, General Ledger automatically creates a suspense account for each balancing entity.

Intracompany Rules:

If the Intracompany Balancing option for the ledger is enabled, define Intracompany Balancing rules to provide instructions on how to balance journal entries between balancing segment values for the same legal entity or ledger.

Howdy, Stranger!

Log In

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

Register

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

Category Leaderboard

Top contributors this month

EBS GL Tags

Instructions for posting

×

1. Select a discussion category from the picklist.


2. Enter a title that clearly identifies the subject of your question.


3. In the body, insert detailed information, including Oracle product and version.


Please abide by the Oracle Community guidelines and refrain from posting any customer or personally identifiable information (PI/CI).


Cloud / Fusion customers - Our Cloud community has moved! Please go to Cloud Customer Connect .


New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center