Explain how to close periods in ar. : oracle accounts receivable



Explain how to close periods in ar. : oracle accounts receivable..

Answer / Vikas Kumar Agarwal

In Oracle Accounts Receivable, you can close periods to prevent further transactions from being posted. To do so:
1. Navigate to Setup and Maintenance > Accounting > Fiscal Responsibility.
2. Define the closing period for AR Ledger Accounts based on your organization's requirements.
3. Close the period by posting a journal entry that sets a closure date for the relevant accounts.

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Oracle AllOther Interview Questions

Differentiate between earned discounts and unearned discounts? : oracle accounts receivable

1 Answers  


How would you go about increasing the buffer cache hit ratio?

1 Answers  


Why we are using primary key and foreign key in oracle and difference between primary key and foreign key?

1 Answers  


Hi I am searching for best oracle Apps institute? Please tel me which is best institute in hyderabad I am working in developer 6i....

2 Answers   Ion Exchange,


what are all the conversion and interfaces in GL,AP,AR,HRMS with example? otherwise send send link for these

1 Answers   Pathway Technologies,


How to find locks exists in a table or not?

1 Answers   HCL,


How do you add a data file to a tablespace?

1 Answers  


I would like to study certification course in Data base adminidtrator then where would i go to study this course?

1 Answers  


What is the Query Optimizer. How you optimize your qeury.

2 Answers   Ericsson,


what are the API of GL,PO,AP

1 Answers  


WHAT ALL DIFFERENT KIND OF FUNCTIONS AVAILABLE WHILE DESIGN UNIVERSES?

1 Answers  


Explain an ORA-01555

2 Answers  


Categories
  • Oracle General Interview Questions Oracle General (1803)
  • Oracle DBA (Database Administration) Interview Questions Oracle DBA (Database Administration) (261)
  • Oracle Call Interface (OCI) Interview Questions Oracle Call Interface (OCI) (10)
  • Oracle Architecture Interview Questions Oracle Architecture (90)
  • Oracle Security Interview Questions Oracle Security (38)
  • Oracle Forms Reports Interview Questions Oracle Forms Reports (510)
  • Oracle Data Integrator (ODI) Interview Questions Oracle Data Integrator (ODI) (120)
  • Oracle ETL Interview Questions Oracle ETL (15)
  • Oracle RAC Interview Questions Oracle RAC (93)
  • Oracle D2K Interview Questions Oracle D2K (72)
  • Oracle AllOther Interview Questions Oracle AllOther (241)