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Multi Period Accounting for a long duration

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edited Apr 25, 2019 8:35PM in Payables, Payments & Cash Management 6 comments

Summary

Multi Period Accounting for a long duration

Content

Hello,

We have several multi year contracts(4 years and more) where we are planning to use the Multi Period Accounting feature. However, this does not seem to work since the GL future entry period is only 12 months. So it does not look like we can use this feature for long term contracts. I wanted to check if there is any way to handle this within Oracle or if there are workarounds which other users may be knowing about.

Thanks!

Thomas

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