Transaction Reclassification: Limitations

Transactions that Cannot be Reclassified

The following general ledger transactions cannot be reclassified:

• Project-related transactions that have been billed.
• Project-related transactions that have been allocated.
• Project-related transactions linked to project commitments.
• Project-related transactions that are related to a project that is not active.
• Journal entries of transactions in which a control account is specified, such as entries posted on release of accounts receivable and accounts payable documents to AR and AP accounts, respectively, and to Tax Payable and Tax Claimable accounts. (A control account is a general ledger account that accumulates the summary information of a subledger, such as AR or AP. The details of the control account balance are contained in the subledger, so the balance of the control account should match the total of the related subledger.)
  Tip:

  You can reclassify GL entries posted on release of AR and AP documents to income and expense accounts.
• Transactions generated in the general ledger when consolidation data has been imported on the Import Consolidation Data (GL509000) form. For details, see GL Consolidation: General Information.
• Transactions generated by a user invoking the run allocation process on the Run Allocations (GL504500) form. For details, see Allocation Rules and Running Allocations.
• All currency-related GL transactions, such as transactions generated based on the currency translation and revaluation processes.
• Transactions that have already been reclassified.