Are you prepared for your 2023 E-Business Suite (EBS) General Ledger Year End Closing?

Prepare for your 2023 General Ledger Year End Closing by taking a look at Doc ID 66532.1, it has details to assist you in the Oracle General Ledger application year end closing process using the Open/Close Period program. A few things to know:

 * Check for any misclassified accounts (combinations with incorrect account type). To help detect these use the diagnostic test Misclassified Accounts Activity script for your release on General Ledger Diagnostics Catalog Doc ID 1416402.1. https://bit.ly/47Zg4bI

 * Opening periods prematurely can result in posting performance degradation that occur because the posting program also updates all affected account balances to all future periods that were ever opened.