Balancing Segment values atleval entity level

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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srinivas.oebs
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Balancing Segment values atleval entity level

Post by srinivas.oebs »

Hi,

Can you pleas let us know any one that

Why do you need to assign Balancing segment Vlaues at Legal entity level?

Wy do you need to Assig balancing segment values at Ledger level?

None of the values assigned at both levels?

Could you please let us know what is the diffrence in casses?

Regards.
Srinvas
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Post by admin »

The use of Balancing segment is that Oracle will keep all your transactions Debit and Credit balanced at that level means generating trial balance. tks
srinivas.oebs
Posts: 35
Joined: Wed Feb 23, 2011 9:56 am
Location: Bermuda

Post by srinivas.oebs »

Hi,

Thank you for quick reply.

But my doubt is what is diff of both levels?

Means what will happen if assighe the balancing segment at leder level and LE level?

I 'd like to know the diff?
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