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May 31, 2018 at 02:53 PM

Correcting Opening Balances for an Entity

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Hi Experts,

We are on RTC1610 FPS00 on BPC Embedded.

We want to correct the opening balances for a single entity for which currency translation was corrected for Jan'18 onwards. As a result of this the periodic activity from Jan 18 onwards is correct. Since our currency translation was incorrect through Dec’17, the opening balance in Jan’18 (which was derived by BCF Rule) is incorrect.

For correcting the opening balances the user posted manual entries through Journals and ran consolidation. What happened after that is the journal got posted in the Journal Table and ACDOCC but after running consolidation, the entries in the ACDOCC were reversed(entries were posted with negative sign).

So require some solutions so that we can correct the opening balances.

Thanks & Regards,

Rahul