General Ledger - EBS (MOSC)

MOSC Banner

Question on Translated Balances

edited Jul 2, 2019 11:45AM in General Ledger - EBS (MOSC) 6 commentsAnswered

Background: We have a ledger denominated in GBP and another one in USD. We translate the balances from the GBP ledger and consolidate them into the USD ledger.

Question: If I run the "Trial Balance - Translation" report in the GBP ledger and compare them to the balances that appear in the USD ledger for these accounts, shouldn't they match?

Ex: There is an account that appears as having a Translated Balance of 9,552,826.97 USD on the Trial Balance Translation Report executed  in the GBP ledger. Meanwhile, if I look at the balance in the USD ledger the balance appears as 9,423,249.25 USD.

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