By Adriana-Oracle on Jul 02, 2015
Finding correct and accurate balances in General Ledger(GL) at the end of each period and year is one of the main targets for the functional applications users and accounting departments. The GL balances are considered base for reporting purposes and also important to reveal the results and current position of the company based on the accomplishments and changes reflected by the accounts through balances. It is important to be able to rely on the trial balance reports.
What if the balances get corrupted?
In the last months our Developers worked close with General Ledger Support team and reviewed all the balances corruption cases reported by customers, preparing a complex document to reflect their findings:
- Potential Causes identified
- Solutions for each potential cause that could lead to corruption
- Suggestions to prevent such corruptions from happening
Do review this document we have prepared for you - it will help prevent potential corruptions, allowing the users to focus on period closure activities and report on the balances without delays:
General Ledger Balances Corruption - Causes, Solutions and Suggestions. (Doc ID 1995324.1)