Enables aldehyde dehydrogenase [NAD(P)+] activity. Involved in several processes, including kidney development; pituitary gland development; and retinoic acid biosynthetic process. Predicted to be located in cytoplasm. Human ortholog(s) of this gene implicated in isolated microphthalmia 8. Orthologous to human ALDH1A3 (aldehyde dehydrogenase 1 family member A3). [provided by Alliance of Genome Resources, Apr 2022]