JDE E1 Allocations -Positive& negative balances query
This is probably one for a Financial accountant/systems accountant!
I have setup in JDE E1 9.0 some 20% Allocations based on Balances.
So correct me if I am wrong, but we are telling the system to take 20% of -4000 so it should split it -800?
If you then look at the positive balances, a JA = +100,000, 20% is then minused out : -20,000 minused to the clearing account
So to me it looks like the system will always clear to the clearing account as a negative amount, regardless of the initial balance being positive or negative.