Settlment to AUC in error

[Former Member]

My client has settled from a WBS in previous financial year to an auc by mistake. We have opened up the previous year and have reversed settlement. However we need to change the settlement rule to post to a GL in that same year. Any suggestions????

[Former Member · Accepted solution]

Once you've made a settlement to the AuC, you may not be able to remove the investment profile. If you wish to settle to something else other than the AuC from this WBS, you will need to add the line in the distribution rule and give it a settlement type "PRE". You should also validate that your settlement parameters will allow the new receiver type; i.e. settlement profile, allocation structure, etc..

[Former Member · Accepted solution]

You may create dummy Inv profile and assign it to WBS , then you should be able to do this

psconsultant

[virendra_pal]

delete the AuC

remove the investment profile on the WBS

enter settlement rule to settle to G/L account

run settlement