Unable to close AR Period as zero dollar credit memo is unposted

Issue: Unable to close AR Period as zero dollar credit memo is un posted

Error: The sub ledger journal entry does not balance in the entered currency.  Please verify the entered amounts on the journal entry lines

Solution:

One of the customers not using MFAR functionality we set this AR: Activate Multi Fund Accounting Extract as “NO” later issue is resolved.

Normal process for MFAR

Responsibility: System Administrator
Navigation: System>Profile
Query: AR: Activate Multi Fund Accounting Extract
Ensure this is set to YES at the Site Level

You can check how this profile option is set from SQL using:

SELECT decode(FND_PROFILE.value('AR_MFAR_ACTIVATED') ,'Y','YES','N','NO','NULL') AR_MFAR_ACTIVATED from dual;

Note:  If you do NOT have a Multi-Fund Accounts Receivable instance, and you set this profile option to Yes, it will erroneously generate additional rows with xla_distribution_links.SOURCE_DISTRIBUTION_TYPE = MFAR_DISTRIBUTIONS_ALL. This is wrong since non MFAR AAD setups should not see these records.