Balancing Segment Value assignment to Legal Entity using Account Setup Mgr

Hello,
This is on r12.06
By mistake- I did not assign BSV at Legal Entity level, insteady I directly assigned at Ledger level. Now, I am getting following error when running "Accounting Program" standard program
The subledger journal entry contains lines with balancing segment values that are not assigned to any legal entity.  Unassigned balancing segments cannot be used to balance a subledger journal entry with balancing segments already assigned to a legal entity.  Either update the balancing segment value assignments for the ledger ADP/Claims Solutions Group or update the balancing segment values used on the subledger journal entry Upon research, It was discovered that that the Balancing segment is assigned only at ledger level and it is not assigned at Legal Entity level in account setup manager.
When I attempted to assign the BSV at LE level, it is not showing the BSV in list of values.
I even end dated BS at ledger level and tried again but still the concerned BSV is not showing up in LOV at Legal entity level.
Now I am completely stuck. Any idea what am I missing? Why, the new BSV is not showing up at LE level LOV when attempting to assign BSV at LE level?
Thank you for reading this post in advance.
Regards,
R

Once a BSV is assigned to the ledger it does not appear in the LOV of BSV-LE assignment field. Pl see if you can delete the BSV from ledger assignment, then only you can re-assign to LE. In my opinion, it allows you to delete the BSV from ledger level if you have not already used it in transactions. In your case, I wonder if it will allow you to delete it. If not, you have to raise SR with Oracle support.
Thanks
Tarun

Similar Messages

  • How do i restrict the balancing segment for a particular legal entity

    Hi All,
    There is a new feature in Release 12 where i can restrict the balancing segment values for a Legal entity.How do i implement the same in an OA Page.

    Do you mean to say that the feature is enabled on forms and you want the same on OA page? Sounds contradictory.
    Is it something related to functional setup or are you looking for customization through coding?
    --Shiv                                                                                                                                                                                                                                                                                                                                                                                                                                                           

  • Query to Check whether balancing segment value is assign to ledger

    Hello All,
    I am getting above error while running the Journal Import.
    Can any send me the query to check this details from Backend.
    Your help is appreciated.
    Thanks,
    AB
    Edited by: ABA on Jan 6, 2010 6:23 AM

    Here is the query to check balancing segment value Assigned to ledger or not.
    select ledger_id,segment_value balancing_segment,legal_entity_id
    from GL_LEDGER_NORM_SEG_VALS where segment_type_code = 'B'
    Thanks,
    AB

  • Updating Balancing Segment Values in Legal Entity

    Dear Members :
    I am trying to add one more balancing segment value to one already existing in Legal Entity. Neither am I able to add one or remove the one already existing. I am novice in Financial and really appreciate some explanation on
    [1] Importance of segment values on Legal Entity/Primary ledger & Secondary Ledger(Balancing Segment Value Assignments, in last two cases)
    [2] Way out for my problem.
    Thanks in advance.
    Atanu

    Thanks. I exactly intended to do that, but surprisingly not able to select, I mean find my other company code when I opt for adding segment value to Legal entity. Say now I have company code 10 attached and there's one more 05, which I want to add; I am not seeing that value when entering in Values LOV.
    Could you please provide some clues - about trouble shooting the issue. Also what repurcussion will it have if I can or can not attach my desired company code - if you please tell ?
    Thanks.
    Atanu

  • Assign a Balancing Segment Value

    Dear Members,
    I have two legal entities and one balancing segment value(bsv).
    I have assigned the bsv to the first legal entity. Later I have discovered that it should be assigned to second legal entity. So I have disabled the bsv by entering the end date at the first legal entity. I want to assign it to the second legal entity but it doesnt show up in the lov.
    What is the solution?
    Please advise.
    Many thanks in advance.

    1. Exact hit. Refer Note 465928.1
    2. Also refer Note 749971.1
    It seems some kind of workaround is available.
    Please confirm if second note helps you
    Regards,
    Srini

  • Error : This balancing segment value is not valid for the current ledger

    Dear friend,
    Error : This balancing segment value is not valid for the current ledger.
    when I click Account Assignment in Budget Organization.
    I used R12
    Thank you
    Best regards,
    Hareyuya, Junior.

    Hi,
    Please see these documents.
    Note: 756765.1 - Cannot Use Parent Balancing Segment Values In Massbudget or MassAllocation Formula
    Note: 790339.1 - Cannot Select Parent Values In Mass Budgets
    Note: 437588.1 - Rel 12: Balancing Segment Value Is Not Valid For Current Ledger
    Regards,
    Hussein

  • Error - Journal Entry in R12 -"This balancing segment value....."

    Hello Friends,
    On R12 -> PROD version
    When I enter an Account in Journal, I am getting Error - > "This balancing segment value is not valid for current Ledger"
    It is completly a new setup of R12 accounts.

    Hello Friends,
    Finally I was able to post to GL, ofcourse learned in process how to find where the issue lies. Anyway....still there are some questions.
    Coming back to my earlier 2 questions:
    I noticed, when I assigned Balancing Segment to the Primary Ledger, I get the problem "This balancing segment......", so I just didnot assign any this time and was able to post to GL. I understand that BS assignment might be required to balance the entries in Ledger but I then have not yet quiet grasped the concept, so for a while I might just go with this.
    The 2nd error, I did get that again but I proceeded inspite of that and it is working okay, so donot know what was that one for and now that I know have to dubug, I will keep an eye for it and post any info on that later.
    Thank you all for the help and pointers..

  • Balancing segment value is not valid for this ledger

    Hello All,
    I am getting above error while running the Journal Import.
    Can any send me the query to check this details from Backend.
    Your help is appreciated.
    Thanks,
    AB
    Edited by: ABA on Jan 6, 2010 6:23 AM

    ABA wrote:
    Hello All,
    I am getting above error while running the Journal Import.What is exact error?
    Please also check Note:R12: Consolidation Journal Import Fails With Em30: Balancing Segment Value Not Valid For Ledger [ID 851061.1] and see its helpful
    GL Manuals and eTRMs from 10.7 to 11i [ID 66935.1]
    You can also check e-trm site for your issue(Interface Table : GL_INTERFACE -Base Tables : GL_JE_BATCHES - GL_JE_HEADERS-GL_JE_LINES -GL_BALANCES)
    Regard
    Helios

  • Balancing Segment Value set Does't show values and Giving error Page.

    In R12,LOV of Balancing segment, doesn't show values and giving error page while creating Retained Earnings Account in Ledger Options Page.
    If once the ledger options finished, and it gets the status completed, can't we modify the Ledger options in future.
    By mistake we finished. can i delete Primary ledger from Accounting stucture?
    Thanks in advance,
    VRC Murthy

    Turn on the dynamic insert for your chart of account structure.
    Make sure you have at least one value in each of the value value set attached to COA segments. Make sure retained earning account value exists in your Account value set.
    Now you will be able to pick your retained earnings account in Accounting Setups screen.
    After completing your ledger setup you will be able to modify some options like suspense account, reversal set, future enterable periods etc.
    I have explained the GL setup in detail in my online training videos at http://handsonerp.com
    Regards
    Edited by: user2648997 on Nov 13, 2009 11:50 AM

  • Inventory parameter no value for balancing segment account

    Hi
    cloud any one please help me,
    i have a oracle 12.1.3
    and i try to setup a new ledger, OU and IO
    when i try to set a new IO, in inventory parameter
    i can not chose the balancing segment value exists
    there no value warning show up
    but the issue is only happend in inventory module
    the balancing segment value already assigned to new LE and new Ledger
    did i miss configuration steps or something?
    thanks
    Kim

    I think, You missed to assign the Balancing Segment Value to the Legal Entity.
    Please assign and check it again.
    Thanks
    Vipul Maheshwari

  • Prevent oracle r12 legal entity from being posted in another ledger

    Given the following:
    Ledger = Ireland
    Legal Entity:
    Germany =123 segment 1
    France= 456 segment 1
    Ledger=Hong Kong
    Legal entity=Hong Kong=789 segment 1
    The Ireland ledger is intended for Euro based companies, the Hong Kong for HKD
    I want to prevent any journal entries that have a segment1 789 from being posted in the Ireland Ledger, and segment 1 of 123 and 456 from being posted in the Hong Kong ledger.
    How does one do this?

    Looks like you are sharing a chart of account structure between the two ledger or at least you are sharing the segment 1 value set between the two ledgers.
    Once you defined your ledgers, create and assign respective legal entities to your ledgers.
    Associate Legal Entity Hong Kong to the ledger Hong Kong.
    Associate Legal Entities Germany and France to the ledger Ireland.
    Make sure you also assign balancing segment values to the legal entities associated with your ledgers.
    Assign 789 to Legal Entity Hong Kong (associated with the ledger Hong Kong)
    Assign 123 to Legal Entity Germany (associated with the ledger Ireland)
    Assign 456 to Legal Entity France (associated with the ledger Ireland)
    Once you assign the balancing segment values to the legal entities, system will not let you use any other balancing segment values (that are not assigned to the legal entities associated with your ledger). This will prevent 789 from being used in Ireland Ledger, and 123 and 456 from being used in Hong Long Ledger.
    Hope that helps.
    Hasan
    Learn Oracle Financials Through Video Demonstrations at http://handsonerp.com

  • Modeling legal entities using balancing segment

    Oracle documentation says:
    "It is highly recommended that you model your legal entities using the balancing segment so that you can take
    optimal advantage of Oracle's product features related to legal entity accounting."
    My question is what features will we miss out if we do not specifically assign balancing segment values to legal entities?
    Thanks

    Once a BSV is assigned to the ledger it does not appear in the LOV of BSV-LE assignment field. Pl see if you can delete the BSV from ledger assignment, then only you can re-assign to LE. In my opinion, it allows you to delete the BSV from ledger level if you have not already used it in transactions. In your case, I wonder if it will allow you to delete it. If not, you have to raise SR with Oracle support.
    Thanks
    Tarun

  • GL - replacing  the balancing segment another value

    Hi,
    An example of a situation, we need to replace the balancing segment value to another. External entity has proposed update on set of values and update the GL_code_combinations table. I rknow that Oracle does not recommend making updates on the tables, but needs additional arguments to specify that this is not the correct way:
    - losing the historical data on the balancing segment value primary (no option to report data after update)
    - The possibility of wrongful conduct customized solutions
    - lack of certainty of updating the tables with values and code combinations are enough to udate?
    Do you have any idea what else could be danger with that solution?
    Thank you very much for suggestions..
    Magda

    Instead of updating the base table, you can follow the below mentioned approach.
    Take the Detail trial balance for the old BSV.
    Create a new journal passing the CR/DR to the new BSV with other combination remaining same, this will knock off the balance of Old BSV.
    Use the replacement account feature for all the future Subledger pending accounting entry for Old BSV.
    Regards

  • Balancing Segement Value set we can use it as Intercompany value set?

    Hi Gurus,
    We have requirement as follow.
    We have company values "001, 002, 003" which is balancing segment values
    we need to use the same Values for Intercompany transactions, can i use company value set as Intercompany or not.
    1) If yes do we need to create Values for intercompany one more time or values will be default from company
    2) If not please tell me exact reason and how to setup Dependent segement.
    Hi waiting for your reply
    Edited by: prasanthbabu on Mar 15, 2010 2:39 AM

    Hello,
    The same value set can be used for Intercompany but it is recommended to use a separate value set for the Intercompany if ever (in the future) u need to add additional information regarding the Intercompany value.
    Having a value set only for Intercompany, you can add DFF on it.
    Hope this helps..
    Vik

  • Why do we need Legal Entity?

    Hi,
    I have read some of Oracle manuals and the discussion on the web. However, I still don't get why we need Legal Entity in EBS. What's difference between Organization Unit (actually I read some on the web)? Since we just need Org_ID in the subledger tables for various operational units, why we still bother to create Legal entity? In some web sites, it always mentions it is used for taxation purpose or repoorting. But I can't find any reports which is generated reply on the legal entity.
    I am so confuse on this. Can anyone clarify my mind? thanks a lot in advance.
    Regards,
    Edmond

    Hi Edmond,
    the purpose and usage of Legal Entity is not as visible as that of Operating units / Inventory Orgs, however it gained its importance due to the way Configuration has been designed. I would say it is more of a configuration compliance than a feature that meets business expectations ...
    You can create a Ledger without Legal Entity, which is allowed by the system, whereas you cannot create an Operating unit without having a legal entity in place....
    All security features, transaction controls, reporting requirements are extracted at the Operating unit level ..
    When will the legal entity be used during the application operation/reporting?
    From Reporting perpective, it plays a vital role.... The reporting requirements of any organization is classified as two, one is BUSINESS need another is LEGAL/STATUTORY need. Now the statutory auhtorities would demand information from a company that has a separate legal presence ...the Statutory authorities are not keen on how many operating units we have under one particular establishment ...it is purely the way how we operate internally ... All custom reports or standard reports available at the Operating
    unit level gathers information of the respective legal entity as well....So when i plan my Multi org structure or configuration i should design my operating units in such a
    fashion, that it must be grouped under appropriate Legal Entities.
    Oracle mentioned about that legal entity is used for taxation and financial reporting. How can we do that?
    Legal Entity definition and BSV assignments are used by the system internally on various configurations and also at transaction processing stages, which incidentally includes taxation
    aspects and financial reporting .... the statement refers to the system design and not a feature available for configuration ...
    What is the difference that more than 1 OU are assigned to 1 single legal entity VS only 1 OU is assigned to 1 single legal entity?
    The difference in first case is that, (i.e. 1 OU = 1 LE)
    Your operating unit data reflects the Complete Legal Entity Data, hence there is no specific report that needs to be designed for legal entity.
    The difference in second case is that, (i.e. 1 or more OU = 1 LE)
    every operating unit contains partial information of your Legal Entity and not complete, hence in order to know your Legal Entity's performance or statements, you are to define a report which would club data pertaining to all operating units under it...
    If a legal entity is assigned to a ledger, what's the difference if balancing segment is assigned to the ledger VS the balancing segment is assigned to the legal entity?
    Honestly, there is no difference since you are allowed to create transactions for all of those BSV's values, there is no system restriction or validation happens during data entry ... However there could be a valid justification from system design/architectural perspective which we may not be aware of .. But there are differences like, when you do not have BSV values at LE level, it impacts certain configuration.... etc ....
    All of your questions are very valid, i have only given my views/comments, these are not FINAL answers... :)
    Regards,
    Ivruksha

Maybe you are looking for

  • To change the layout of the front end

    I am working in c projects it is a web enabled server at the front end and at the back end it is sap I have to make changes in front end to add two i/p fields and backend it should update the sap table Please help Regards Abhijit Chitre

  • 32-bit Oracle8i to  64-bit oracle 9i

    Hi, We have a 32-bit Oracle 8i running on AIX4.3,we are planning to shift to a new physical server which is supposed to run AIX5.3 & 64-bit oracle 9i.In this case if I do a database export from the current live machine( 32-bit Oracle 8i running on AI

  • No Update of iMovie 10.0 with Mavericks on iMac from 2007

    After upgrading my iMac (24") from 2007 with Maverick it is not possible to update the new iMovie because the Graphic-Board seems to be too slow or too less of RAM. Question: Is it possible to upgrade the Graphic-Board?

  • Popup is closed when command link is pressed even after validation exceptio

    Hi Techies, I am using JDeveloper 11.1.1.4. I have a sample .jspx page which has a table, a command link and a popup. When the user clicks the command link, the popup gets shown. The popup contains af:panelWindow as a direct child. panel window as a

  • Problem regarding  SAP Script Template

    Hi All, In SAP 4.7, after creating TEMPLATE when I am applying any pattern on that TEMPLATE the border line of that TEMPLATE becomes very thick. But when I am doing the same in E.C.C 6.0 the border line is displayed as normal. How to solve the proble