Financial Management - PSFT (MOSC)

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GL journal entries in 2020 not rolled to 2021

in Financial Management - PSFT (MOSC) 1 commentAnswered

In 2021, our GL team made a correcting journal entry back in 2020 that affected several BUs and erroneously only re-rolled one of the BUs. They now do 'not' want to redo all of the financial reports for 2021, but want the correct beginning balances to show in Jan 2022 for the unrolled BUs. 

They have proposed the following solution. Open period 998 for 2021 and enter a duplicate JE for unrollded BUs only in that period. Then re-roll those BUs for 2021 to 2022. Then re-run financial reports for all of 2022.

Do you see any issue with this solution?

We are on 9.2.38, tools 8.59.08

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