Procurement - EBS (MOSC)

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Purchasing Periods Close

edited Aug 11, 2016 11:57PM in Procurement - EBS (MOSC) 10 commentsAnswered

Hi,

Our Client uses only Iprocurement responsibility. They dont use Forms. if we dont close the purchasing periods how it is going to impact the business from user perspective and as well as system perspective.

I know as a Best practice we suppose to close the periods by running certain Concurrent requests to do a reconcilliation between purchasing and payables.

Client doesnt maintain Inventory items. ALL Transactions are based on Catalog and Non-Catalog Items.

Regards,

Bala

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