flyingmg
Active Member
Re: Translation Adjustment Account - clearing out balances - B7332
I think that this is a JDE bug but I have not found fix from JDE. =20
The workaround is to run Annual Close UBE for previous year every time af=
ter your period restatement, e.g. closing 1999 if restating 2000, closing=
2000 if restating 2001. You will be fine then.
Let me know if you still have questions.
G
[email protected]
----- Original Message -----
From: Ian Steer
Sent: Tuesday, March 20, 2001 12:29 AM
To: [email protected]
Subject: Translation Adjustment Account - clearing out balances - B7332
Hi List
We are currently using B7332 and are experiencing problems with the curre=
ncy restatement program. Can anyone help ?
When running the restatement program for the Income Statement on the peri=
od-by-period basis, the system incorrectly deletes all Prior Months Balan=
ces in the Translation Adjustment Account which causes the company to go =
out of balance by that exact amount. When the same program is run on the =
year-to-date basis, the balance is kept (which is correct). It is evident=
that it is the processing option which allows you to select on what basi=
s you want to run the restatement that causes Prior Months Balances in th=
e Translation Adjustment Account to be deleted.
Does anyone have a suggestion to stop it from deleting the Prior Months B=
alances in the Translation Adjustment Account when doing restatements on =
a period-by-period basis.
Thanks in advance
Ian Steer
Investec Bank Ltd
South Africa
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I think that this is a JDE bug but I have not found fix from JDE. =20
The workaround is to run Annual Close UBE for previous year every time af=
ter your period restatement, e.g. closing 1999 if restating 2000, closing=
2000 if restating 2001. You will be fine then.
Let me know if you still have questions.
G
[email protected]
----- Original Message -----
From: Ian Steer
Sent: Tuesday, March 20, 2001 12:29 AM
To: [email protected]
Subject: Translation Adjustment Account - clearing out balances - B7332
Hi List
We are currently using B7332 and are experiencing problems with the curre=
ncy restatement program. Can anyone help ?
When running the restatement program for the Income Statement on the peri=
od-by-period basis, the system incorrectly deletes all Prior Months Balan=
ces in the Translation Adjustment Account which causes the company to go =
out of balance by that exact amount. When the same program is run on the =
year-to-date basis, the balance is kept (which is correct). It is evident=
that it is the processing option which allows you to select on what basi=
s you want to run the restatement that causes Prior Months Balances in th=
e Translation Adjustment Account to be deleted.
Does anyone have a suggestion to stop it from deleting the Prior Months B=
alances in the Translation Adjustment Account when doing restatements on =
a period-by-period basis.
Thanks in advance
Ian Steer
Investec Bank Ltd
South Africa
*********************************************************************
NOTICE - This message contains privileged and
confidential information intended only for the use of the
addressee named above. If you are not the intended
recipient of this message, you are hereby notified that
you must not disseminate, copy or take any action in
reliance on it. If you have received this message in error,
please notify Investec Group, its subsidiaries or associates,
immediately. Any views expressed in this message are
those of the individual sender, except where the sender
specifically states them to be the view of Investec Group,
its subsidiaries or associates.
**********************************************************************
+ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - +
This is the JDEList One World / XE Mailing List.
Archives and information on how to SUBSCRIBE, and
UNSUBSCRIBE can be found at http://www.JDELIST.com
+ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - +<br clear=3D=
all><hr>Get your FREE download of MSN Explorer at <a href=3D"http://explo=
rer.msn.com">http://explorer.msn.com</a>
</p>
