From metalink I have downloaded a document with the title ORACLE FINANCIALS E-BUSINESS SUITE, RELEASE 12 PERIOD END PROCEDURES_
In this document under the procedures of GL Period Closing, I found the below step:-
*9a. Run the Period Close Exceptions Report* This is a new step in Release 12. The General Ledger accounting can run the Period Close Exceptions report to double check that there are no outstanding transactions in the subledgers and GL, and ensure a follow-up with relevant colleagues if any exceptions are identified.
But in the GL Module, I cant see any report with the name Period Close Exceptions
Can any one please shed some light on the above concept.
Many thanks in advance.
The exact name of the concurrent program is 'Subledger Period Close Exceptions Report'.
Check it is available in SRS window. Otherwise add this program to the request group of your responsibility.
Actually when you close the GL period, the check will be done for unaccounted events and untransferred journals and if any exceptions found this program will be launched automatically.
But it is good to run before closing the period as said in the document.
As Vamsi said, you have to add it.... this report is not available in the General Ledger Request group by default, since it is a report dependant on SLA which is basically at subledger level .....
Below Oracle reference says the same ..
R12: It Is Possible To Close The Period When Unposted Journal Entries Exist In The System? [ID 566854.1]