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Best Practices and Steps for Month-End Close in Oracle Budgetary Control

Hello Oracle Community,

We are looking to align our month-end closing procedures with best practices and Oracle's recommended guidelines for Budgetary Control. Could anyone provide detailed information on the following:

  1. Recommended Month-End Close Process Steps: What are the specific steps we should follow to ensure a smooth and accurate close in Oracle Budgetary Control?
  2. Documentation or Guides: Are there any official Oracle documents or user guides that outline these steps?
  3. Best Practices: What are the best practices to ensure an efficient month-end close process?

Your insights and any available resources would be greatly appreciated!

Thank you in advance for your help.

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