Close Process
Discussion List
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Do prior period adjustments clear to retained incomeSummary: When the first period in the accounting calendar is opened in the new year (example January 2025), Income & Expense accounts from the prior year (example year 2… -
How can I make CTA account zero for disabled entitySummary: We have a Ledger where there are 2 entity segments. I wish to disable/end-date one of them per business requirement. Cleared out all the balances in GL but CTA … -
Run Closing Journals process after year-end closeContent We have a requirement to run the closing journals process to generate these journal entries. I have never run these processes and let alone this long after the a…
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Can we send email of Create accounting Execution report details in PDF format o/p as scheduled dailySummary: Can we send email of Create accounting Execution report details in PDF format output as scheduled daily We would like to schedule create accounting report and g…
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is it okay to rerun the Translation program without running the Delete Translated Balances first?Summary: Assuming the Translation program has been run and translated balances have been generated already however due to some circumstances, like there are journal entr…Juliet Soriao 27 views 2 comments 0 points Most recent by Damodharan Selvaraj-Oracle General Ledger & Intercompany
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How do we remove Cost Period management from the GL closing cycle?We are no longer using Inventory. We no longer have any inventory quantities. All of our Purchase transactions are Expense (Receipt Accounting). After closing the 'final… -
is it possible to get all transactions which has went into primary but not secondary ledgerwe are looking for a query or how to check what transactions are not going into secondary ledger but are going into primary ledger as there is misalignment between both …Sai Divya Kolachana 6 views 1 comment 0 points Most recent by Mihaela Cozma GL-Oracle General Ledger & Intercompany
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Is there any feature to enable to extend the calendar periods by the system automatically?Hi Team, I want to know, is there any feature to enable to extend the calendar periods for the next financial year by the system automatically in oracle fusion? Kindly p…Raj Thirumal 10 views 1 comment 0 points Most recent by Haripriya-Oracle General Ledger & Intercompany
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Requirement to default Current Period in the FRS ReportCurrently Trial Balance Report in Financial Reporting center showing Oct 2022 as default accounting Period which is very old period and client expressed their concern to…
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Issue with RevaluationIssue: Bank Account Currency equal to Entity Currency: - In the Global Template, all accounts are included. As a result, when there is a transaction in other currency, t… -
Manage revaluations - multiple ledgers use the same revaluation ruleHi team, Our user have some confusions on the manage revaluations and need a official answer from Oracle team. Why the data access set can limit the user ledger access b…Marcy Gao 12 views 1 comment 1 point Most recent by Mihaela Cozma GL-Oracle General Ledger & Intercompany
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Which Oracle ERP reports are suitable replacements for standard Oracle EBS Consolidation Reports?Summary: Hello, We are currently implementing Oracle ERP (Oracle Fusion Cloud Applications 24D) and replacing the legacy Oracle EBS (R12) system. Currently, in Oracle EB…AnandMurthy 13 views 1 comment 0 points Most recent by Andreea Brem-Oracle General Ledger & Intercompany
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Where to find latest "Oracle ERP Cloud Period Close Procedures" DocumentSummary I cannot locate the "Oracle ERP Cloud Period Close Procedures" document on MOS - where can customers download the latest copy of this that applies to 20A or 20B?…Stephen Manning-61256 172 views 5 comments 0 points Most recent by Helle Hennings-Oracle General Ledger & Intercompany
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Opened the first GL period of new year without closing the Dec periodSummary: Dear Experts, We have accounting calendar from Jan to Dec. We have opened the first GL period of new year without closing the Dec period. Business users has pos…
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How to temporarily block all users from entering, submitting or posting journals in GLSummary: Every month, few hours before the GL Close, Accounting Team announces "Pencils Down" after which users are not supposed to enter, submit or post the journals en…
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Budget journals are being imported into a closed prior period, and the system is not throwing an errSummary: Budget journals are being imported into a closed prior period, and the system is not throwing an error in the interface." Content (please ensure you mask any co…PrasadKota 4 views 1 comment 0 points Most recent by Mihaela Cozma GL-Oracle General Ledger & Intercompany
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System to calculate Period Average Rates "Automatically" form Daily Rates imported from SourceHi Team We have a requirement to calculate the Period-Average rates form daily rates imported from source system. Does the system have capability to calculate the Period…Amulya_Srivastava 1 view 1 comment 0 points Most recent by Andreea Brem-Oracle General Ledger & Intercompany
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Close Process Impact on 4-4-5 vs Standard December CalendarSummary: We are using 4-4-5 calendar in secondary ledger and Standard calendar ending in December in primary ledger. Based on this design following are the Period close …
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How to change the accounting calendar date from normal calendar to difference date rangeSummary: We want to change the accounting calendar date from normal calendar to difference date range, for example, 24-Jan-2025 to 23-Feb-2025. We can only change the da…Chloe L-Oracle 13 views 1 comment 0 points Most recent by Andreea Brem-Oracle General Ledger & Intercompany
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retained earning calculation during data migrationSummary: Hi We are moving from legacy to Oracle and want to maintain balances for the last 2 years in Oracle. Suppose YTD for retained earnings for Dec-23 is 1000.. The …
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Delete Translation Balance job not visibleSummary: Delete Translation Balance job not visible Content (please ensure you mask any confidential information): Delete Translation Balance job not visible for user. w…Kumar 57 1 view 1 comment 0 points Most recent by Mihaela Cozma GL-Oracle General Ledger & Intercompany -
How to stop using historical rateSummary: How to stop using historical rate Content (please ensure you mask any confidential information): Business is closing the one entity and they used to use histori…Kumar 57 2 views 1 comment 0 points Most recent by Mihaela Cozma GL-Oracle General Ledger & Intercompany
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We want to clean up CCIDs having Zero balances Automatically. Is there a quick and efficient way ?We want to clean up CCIDs having Zero balances . currently it is a very time consuming process to check on each CCID string and perform the action. What type of accounts…sonali-S&P Global 1 view 1 comment 0 points Most recent by Mihaela Cozma GL-Oracle General Ledger & Intercompany
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Elimination in Consolidation LEDGERSummary: Elimination in Consolidation LEDGER Content (please ensure you mask any confidential information): We have 10 Ledgers and 1 Corporate Ledger in USD. Created 10 …
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Translation_Incremental JournalsSummary: Translation_Incremental Journals Content (please ensure you mask any confidential information): Step 1: Submit the job “Translate General Ledger Account Balance…
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Server UTC time zone causes the transaction not to post in current period.Summary: Server UTC time zone causes the transaction not to post in current period. Issue Description:Business noticed that: all the transactions (Material, GL, AP, AR, …Shivana Sannagowdar 2 views 1 comment 0 points Most recent by Gergana Radoutcheva-Oracle General Ledger & Intercompany
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Revaluation of previous day Daily GL BalancesSummary: In Fusion Cloud GL, client wants to revalue daily foreign currency balances. The Revalue Balances process is submitted in Fusion Cloud GL on a daily basis at en…VDoolhur 21 views 3 comments 0 points Most recent by Eswarvoona-Oracle General Ledger & Intercompany
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Error:Essbase Error(1051293): Login fails due to invalid login credentialsSummary: Error:Essbase Error(1051293): Login fails due to invalid login credentials Content (please ensure you mask any confidential information): User uploaded incorrec…
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You don't have write access to the reporting currency GBP for ledger USDSummary: User is not able to post a journal and facing this error at batch issue "You don't have write access to the reporting currency GBP for ledger USD" Content (plea…
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Guideline on how to process year-end Closing Journals for ADB and Non ADB ledgers respectivelyHi, We are soon in year-end closing processing, appreciated if you could share detailed guideline on how to process year-end Closing Journals? For ADB and non ADB ledger…Ewan Xiao 35 views 1 comment 0 points Most recent by Razvan Paduraru-Oracle General Ledger & Intercompany