Kedalene · New Creation · Silver Medal

Hi Micah This is moving forward. It seems this Asset Proposal Depreciation Run Posting Dates are not consistent with their Accounting Periods which is not always last day of Calendar month. It could be Depreciation forecast could be was generated before the Accounting Period end dates are edited by User Apr 2024 till Mar…

Hi Patrick Eliminating G/L Account with single Debit Balance is not Zero after Elimination Run due to difference in monthly Conso Rate after the first Eliminating Journal Entry posted on 31 Jan 2020. Example below Eliminating JEs posted 31 Mar and 31 May 2020 are system generated during Elimination. Elim JE 71 is manually…

Hi Micah Our client is asking can the Depreciation Posting Date be changed in the Depreciation Proposal before Depreciation Run as their month end date is not last day of the Calendar month? Kedalene Chong

Hi Clarisa Our consultants have checked this Log System Notes on Update is checked in all the other Live Databases! The Field Help mentioned to choose this option for all Accounts? Is there an option to record System Notes about Creation and Updating when transactions are created as well as updated? Kedalene Chong

Hi Angela You are right! I am in Release Preview database. I unchecked back Log System Notes on Update only in Release Preview Database. But I now not sure why Log System Notes on Update is checked in the Live Database. Will the System Notes of Creator be restored back anytime we unchecked Log System Notes on Update?…

Hi Patrick Is there any better workaround solution than to always manually post Auto Reversing Journal Entry to Zero off those Eliminating Accounts that cannot be Zero based on difference in consolidated rate? Kedalene

Hi Clarisa Log System Notes on Update only was not checked previously, I just checked it.

Hi Patrick Thanks for understanding my question and it is not accounting question. The Calculate Consolidated Exchange Rate in Period Close Check list is same as the Calculate button in Consolidated Exchange Rates by Period right? I managed to see some Currencies predefined Current System Rate same as Calculated…

Hi Patrick So it is advisable for User to always manually edit the Conso Rate, if the Calculated Rate is not desirable, before Elimination Checklist to match with their original Invoice rate to achieve Zero Cumulative Translation Adjustment difference? Kedalene Chong

Hi Patrick Its confusing. Please help clarify should the Current Type Conso Rate equals Current system exchange rate for the same month end after I click Calculate Conso Rate to be used on those G/L Accounts that has General Rate Type Current? Kedalene Chong

Hi Clarisa Thanks for your tips! May I know where to see this Manual JE System Information Context UI? There is nothing under System Notes.

Hi Please help confirm this System Behaviour there should be no such discrepancies if there is no change in foreign currency exchange rate used throughout the whole month right? Kedalene Chong

Hi Patrick You mentioned you created an Advanced Intercompany Journal Entry: USD100 using Parent Currencies' base currency at 0.9 currency exchange rate for Germany Subsidiary USD x 0.9 = EUR90 in Germany Subsidiary but become EUR90 x9.2 Conso historical rate type = USD 82.80 in Consolidating Company report. So you get a…

Hi Michelle We are still waiting for their confirmation to engage with us this remote meeting. Please help remind them thanks! Kedalene Chong

Hi Grace We just added this Cost Center Custom Column Filter to show in Filter Region.

Hi Grace We have added a Cost Center Custom Column Filter to show in Filter Region.

Hi Veronica My senior colleague have some different findings. She has requested for a remote session for further discussion. Kedalene Chong

Hi Patrick Is it the system will generate new eliminating entries when we run elimination again if the conso rate is changed after the first elimination? Kedalene Chong

Hi Patrick How do I differentiate this Cumulative Translation Adjustment Elimination created by system or User? This is a Balance Sheet Account?

Hi Grace We have to add a Cost Center Custom Column Filter to show in Filter Region. Kedalene Chong

Hi Micah I think I have mistaken, this could be a physical meetup event. Kedalene Chong

Hi All It was a custom field filter that need to be added to show in region. Kedalene Chong

Hi Patrick My colleague solved it by other method. The Advanced InterCompany Journal entry cannot be opened. Kedalene Chong

Hi Micah Yes Depreciation Active is True. We noticed Depreciation Rule is Mid-month actual so Depreciation Run will start 30 Apr 2024.

Hi Clarisa Its showing data of selected Subsidiary but not able to filter by Cost Centre. Kedalene Chong

Hi Patrick I managed to see the Historical Conso Rate for Jan 2024. So the Elimination is to post the difference $72.5 to a Cumulative Translation Adjustment Elimination G/L Account of Elimination Subsidiary? Where can I find this setup of pre defined Cumulative Translation Adjustment Elimination G/L Account Number?

Hi Patrick There is no Advanced Revenue option in our client's Revenue Accounting.

Hi Patrick I tested a simple Non AR AP Control Investment BS Eliminating G/L account (General Rate Type Historical) from Subsidiary MYR to Subsidiary USD. However, I dont understand how my initial Journal USD 100 x 1.3 MYR 100 become USD 27.5 in the Conso Report? Please guide me how to understand the system calculation…

Hi Patrick How to check if our client is using Advanced Revenue Management or Legacy Revenue Management? Kedalene Chong

Hi Patrick Please help explain the meaning of this statement in Suite Answer 78837? How to remove recognized revenue from posted Invoice? The only way to delete this is to Edit the Invoice and change the Exchange Rate to the Exchange Rate in the payment. Since there is already a recognized Revenue, the Invoice cannot be…