Activate account balance by currency

[finjde]

Hi

I am a new user and hope posting this to right forum.

We want to activate 'post balance by currency' in company constants for some of our companies. I have referred KG white paper and raised issue with Peplesoft. This requires ,in short -delete all records from f0902(PBC a/c range) , run repost and run annual close.
We are live for last 3 years and use manufacturing, sales and purchase modules along with finance.
Question is - Has anyone experienced this ?How did it go? what problems were faced?

Best regards
Swati

 

[kmk]

Swati,
In 2003 our company changed the "Post by balance currency" and encountered several problems. Your report R09705 will not be accurate. With the Flag off the GBCRCD field in the F0902 is blank and with the flag it's populated. The R09705 has problems working with the mixed formats. When we encountered this we were told to follow the same steps as you outlined: This requires ,in short -delete all records from f0902(PBC a/c range) , run repost and run annual close. We originally thought we could just run the integrity specifying the time frame for after we made the flag change but that did not help. We still had accounts that were out of balance that spanned the time frame of the flag change. In the end we had to follow JDE's advice. Sorry no other choices.