FINALLY CLOSED PO INCREASES FUNDS AVAILABLE BALANCE

Hello Team,

We are using Oracle 12.1.3.

Scenario: PO created in year 2019 (accrue at period end) with accrual balance of 100 and receipt period end program was run in Year 2019. At year end, Carry Forward Encumbrance was not done.

 

After year end, period end program was also run in Year 2020 which shows following:   accrual reversal created in next month

Before Final Closing PO, GL Funds Inquiry shows below: assuming no Budget in current year 2020

                         Encumbrance = 100

                         Actual             = -100

                         Funds Available        = 0

PO was Finally Closed in Year 2020, AND period end accrual program was run. GL Funds Inquiry shows below: The final closed releases encumbrance balance but there is no impact on Actual balance as shown below: due to this funds available balance increases