I have an error when consolidating P1 when you have only completed a Preliminary year end in the prior year. The error is that the debit/credit balances do not agree.
While the year end is in preliminary status the debit / credit balances will not agree, until we run the clearing cost/revenue balances job.
At year end it often takes months before we are ready to run this job while waiting for auditors corrections.
So am I forced to run the clearing cost/revenue balances in order to consolidate?
Then again when the final year end adjustments have been posted?
Any thoughts / comments welcome.