Close Process
Discussion List
-
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 … -
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 2 views 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 1 view 1 comment 0 points Most recent by Mihaela Cozma GL-Oracle General Ledger & Intercompany
-
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 2 views 1 comment 0 points Most recent by Mihaela Cozma GL-Oracle General Ledger & Intercompany
-
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 …Kumar 57 8 views 1 comment 0 points Most recent by Mary Ramirez-Oracle General Ledger & Intercompany
-
Translation_Incremental JournalsSummary: Translation_Incremental Journals Content (please ensure you mask any confidential information): Step 1: Submit the job “Translate General Ledger Account Balance…
-
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, …Shivanagowda Sannagowdar 1 view 1 comment 0 points Most recent by Gergana Radoutcheva-Oracle General Ledger & Intercompany
-
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 22 views 3 comments 0 points Most recent by Eswarvoona-Oracle General Ledger & Intercompany
-
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…
-
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…Vikram_Patel 292 views 3 comments 0 points Most recent by Prasad Sawant General Ledger & Intercompany
-
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 45 views 1 comment 0 points Most recent by Razvan Paduraru-Oracle General Ledger & Intercompany
-
Can we open the new GL period before closing the old oneSummary: Currently our Finance team closes the previous months GL period on 8th working day of the month. This is causing lot of journals to be left Unposted as the new …ashwin.khatwani 32 views 2 comments 1 point Most recent by ashwin.khatwani General Ledger & Intercompany -
Restrict Ability to Re-Open Prior PeriodsSummary: Content (please ensure you mask any confidential information): Is there a security measure that can be enforced on the Period Close privilege so that the user c…
-
Can we get a starting date on the ESS Job Create AccountingWe'd like a "Starting Date parameter on the Create Accounting ESS Job to limit the Journal Entry Errors and Warnings on the Create Accounting Execution Report. We have m…Gerardo Carrillo 11 views 1 comment 0 points Most recent by Mihaela Cozma GL-Oracle General Ledger & Intercompany -
Income Statement Closing Journal QuerySummary: The Client wants to run the Income Statement Closing each month. I have tried both the approach. 1) I have run the process by providing the closing account(Reta…
-
Trial balance for reporting currency is unbalancedSummary: Content (please ensure you mask any confidential information): We have a new primary ledger created with currency INR and reporting currency USD. Opened the fir…
-
Revaluation is not calculating for all expected accountsWe have been running revaluation for a number of years now and all the accounts that have a foreign currency balance under the parent account defined in the revaluation … -
Open GL period automaticallyDear all, Our customer asks if it is possible to automatically open GL period? Currently we open our GL periods manually every month. Regards, Amil
-
Fusion Consolidation_Challenges_need suggestionSummary: Fusion Consolidation_Challenges_need suggestion Content (please ensure you mask any confidential information): Business operates across the world and created 20…Kumar 57 21 views 1 comment 0 points Most recent by Andreea Brem-Oracle General Ledger & Intercompany
-
Will Global Accounting Calendar design be impacted by time zone?Summary: We would like to know whether Global Accounting Calendar design will be impacted by difference in time zone. Any other things need to be concern? Content (pleas…Chloe L-Oracle 11 views 1 comment 0 points Most recent by Baidehi Nanda–Support-Oracle General Ledger & Intercompany
-
Revaluation journal is not reversed in next periodSummary: Content (please ensure you mask any confidential information): 0. GL periods are closed till May-24. Jun-24 is current GL open period. 1. Specify Ledger Options…
-
How to delete the Journal batch which Approval Status is 'In process'?Summary: One user submiited Journal for Approval, who was not defined in the Journal approval rule. Now the Journal entry is in Approval Status - In process. Our Approva…saketjain 43 views 2 comments 0 points Most recent by Kamal Ibrahim-Oracle General Ledger & Intercompany
-
Reconciliation when setting up Auto receipt accrual clearing ruleSummary: We had a requirement to clear accruals for Finally closed POs. So, we are testing by creating an accrual clearing rule. We created accrual clearing rule for thi…
-
how to schedule create accounting daily (incremental end day)Summary: how to schedule create accounting daily (incremental end day) Content (please ensure you mask any confidential information): how is possibile to schedule daily …
-
Can the Manage Accounting Period Status privilege give access to specific applications?In the General Accounting Manager role, there's a privilege within that role for Manage Accounting Period Status. Is there a way to break down that privilege further wit…
-
What is the best practice to create intercompany elimination for profit and lossSummary: What is the best practice to create intercompany elimination for profit and loss In our scenario we have 2 legal entitys same country share the same calendar, c…Christian Leon 40 views 4 comments 0 points Most recent by Christian Leon General Ledger & Intercompany -
Period close page is having performance issue and not able to access after 24C in chromeSummary: Period close page is having performance issue and not able to access after 24C in chrome Content (please ensure you mask any confidential information): We are u…Arun KumarTangudu-Oracle 71 views 8 comments 0 points Most recent by Polina General Ledger & Intercompany
-
What jobs need to be run after a child segment value is added to a parentSummary: If you manually add child account segment values to a parent value via the Manage Accounts Hierarchies screen, what jobs do you need to run for the child values…
-
Is the reporting currency ledger functionality the best option for translating balances?Summary: The client executes the translation process at the accounting closing (balance sheet accounts with the closing rate and income statements with the average rate)…ConsultBR00 11 views 1 comment 0 points Most recent by Andreea Brem-Oracle General Ledger & Intercompany
-
Transfer Ledger Balances in Single go for all ledgers through Ledger SetSummary: Transfer Ledger Balances in Single go for all ledgers through Ledger Set Content (please ensure you mask any confidential information): We have option to transl…Kumar 57 2 views 1 comment 0 points Most recent by Andreea Brem-Oracle General Ledger & Intercompany