You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

How can we perform Create Income Statement Closing Journals without a Period 0/Period 14

Received Response


When you run the Create Income Statement Closing Journals, the journal is surfaced but when we run a TB for that year, the Income and Expense accounts are obviously 0'd which doesn't show the correct year to date balance.

Content (required):

How Closing Journals for Income Statement Accounts Are Created (

Oracle recommends to post this journal into the adjustment period of the new year but we haven't configured this and we are 5 years into the system. Do you know if there is anyway to surface the journal but to not affect the TB and potentially other reports?

Howdy, Stranger!

Log In

To view full details, sign in.


Don't have an account? Click here to get started!