Financial Consolidation and Close

Get Involved. Join the Conversation.

Topic

    Yan CAI
    Journal input in FCCS
    Topic posted November 12, 2019 by Yan CAIRed Ribbon: 250+ Points, tagged Journals 
    54 Views, 7 Comments
    Title:
    Journal input in FCCS
    Summary:
    Journal input to credit side of Revenue/Liability/Equity will decrease the total amount
    Content:

    Hi Experts,

    We are stuck in an issue about journal input in FCCS needs your suggestions.

    Normally, we will enter positive amount in Credit side to increase to total liability,equity and revenue.

    However, we get the total amount being decreased in the system.

     

    We are using Traditional Balance sheet approach in FCCS, well-known that we need to flip balance amount side from Fusion to FCCS through data management, but it seems not that really make sense if we have to input a negative amount in credit side to get liability, equity and revenue increase.

     

    Please let me know if any workaround solution available.

    Appreciated it.

     

    Regards,

    Yan

    Comment