What reports should I run before closing the period?
BEFORE CLOSING A PERIOD IN PAYABLES U NEED TO RUN THE
FALLOWING REPORTS,
INVOIVE VALIDATION REPORT---> IT VALIDATES ALL THE INVOICES
INVOICE ON HOLD--->
IT WILL SHOW ANY HOLDS, SO THAT U CAN REMOVE THE HOLDS AND
DO REVALIDATION.
IF ANY FUTURE PAYMENTS ARE THERE ?
---------------------------------
RUN UPDATE MATURED FUTURE PAYMENT ----->THIS WILL CHANGE
THE STATUS TO Negotiable .
SUBMITT PAYABLES ACCOUNTING PROCESS-----> THIS REPORT LISTS
TRANSACTION WITH ERRORS.
CHECKS FOR PAYMENT BATCHES ---> RUN FINAL PAYMENT
REGISTER ,IT LISTS AL THE PAYMENTS.
DO THE RECONCILIATION PROCESS ---> WITH CASH MANAGEMENT
TRANSFER TO GL --> TRANSFER TO GL
CLOSE THE PERIOD AND OPEN FOR NEXT PERIOD
Is This Answer Correct ? | 5 Yes | 1 No |
What are the different calendars used in FA Module?
I have defined the system options,Receivable activity for REFUND in AR.And now i am getting fallowing error while creating REFUND in Receipt. ---------An unexpected error -6502 has occurred. An alert has been sent to the system administrator. ORA-01403 no data found---------
What are the steps followed in creating the accounting flexfields?
What is the difference between Recurring Journals and Recurring Invoices? What is the need for the Recurring Journals in GL when Recurring invoices exist in AP?
what is the use of below profile options while configure multiorg? 1. HR: Security Profile 2. MO: Security Profile 3. GL Set of books name 4. MO: Operating Unit 5. HR: User type
What is payment of Draft, Final and Final Post?
What is TCA and use ?
What is automatic off set method in 11i? Differentiate between balancing method and account method?
1.what is difference between (New feature) 11i & R12 for Receivable, Fixed asset, GL, Payables.? 2.How was your previous company segment qualifier was defined.? 3. How many segment qualifier? 4. How the intracompany transaction take place.?
can we create purchase order without requisition ?
What are the setup steps that need to be defined for GL budgets
What is ment by what-if analysis?