Running the Detailed Currency Restatement Program From the Post Program

Select Financial Restatement (G1122), Post Detail Currency Journal.

For the General Ledger Post version:

• (Optional) Set a processing option to create balancing journal entries for rounding differences.

• (Optional) Set a processing option to run a version of the Detailed Currency Restatement program to create restated transactions after the Post program posts a batch.

The General Ledger Post program posts an individual batch and sends the batch number and type to the Detailed Currency Restatement program. The restatement program restates transactions for the companies within the batch that are set up for detailed currency restatement and, if applicable, creates balancing journal entries. If the Post Version processing option is set appropriately, the post program posts the restated transactions and, if applicable, the balancing journal entries. This cycle is repeated until all batches are posted, all transactions within those batches are restated, and, if applicable, all balancing journal entries are created and all batches of restated and balancing journal entries are posted.