Setting the Ledger Conversion Balancing Options

There are four stages in the Ledger Conversion (LCN) process and this is the third. For a summary of all of the steps required, see Running Ledger Conversion.

Note: This window does not appear if you select the Validate Only option in Ledger Conversion Stg 1.

Ledger Conversion ensures that the transactions it generates balance in each of the currency values in use. If they do not balance, it generates and posts balancing transactions.

Ledger Conversion Stg 3 Balancing Options allows you to determine the level at which the generated ledger conversion transactions must balance. It also allows you to identify the journal type to be used for any balancing transactions. If provisional postings are optional in Ledger Setup (LES), you can also determine whether the transactions are posted as provisional or permanent postings.

Note: All of the boxes on this window are greyed out if, either no value is being generated, or if the value to be generated does not require balancing as defined in Business Unit Setup.

When you have entered the journal type and balancing requirements, click Next to continue.