What happens if I use suspense posting or other options to post an unbalanced journal entry?

If you enabled suspense posting when you define the ledger or after creating the ledger, Oracle General Ledger automatically creates additional journal lines. The process uses the suspense account you specify to balance your journal entries.

You can optionally specify a threshold at which journal entries for monetary amounts are balanced.

General Ledger analyzes the journal entry and creates the additional balancing journal lines for the following situations in the order listed.

1. Suspense posting of unbalanced journals when suspense posting is enabled. If suspense posting happens, then the remaining balancing options don't occur.

2. Rounding differences at the journal level when journals are unbalanced because of rounding differences on currency conversion.

3. Intercompany or intracompany balancing for journals that aren't balanced by ledger or balancing segment value combination.

4. Entered currency balancing for journals that are unbalanced by the entered currencies. This option is only used on multicurrency journals.

5. Rounding differences by balancing segment when journals are unbalanced because of rounding differences on currency conversion and more than one balancing segment is affected.

Note:

Statistical entries post without balancing debits and credits.