Wht is the process to close periods in AP

[MMRAPPS]

Hi,

I want to know wht is the process to close a period in AP. Pls tell me the flow.

Wht are Tables it will effect in AP if we run Payable Transfer to GL.

In GL how can I see the transactions which were transfered from AP to GL.

If I missed out some of the transactions how can I know them? which program I need to run to know the same?

Wht are the tables will effect in GL if we run Payables transfer to GL.

Pls give me ur suggestions

Rgds,
Raj.

[kkmundhra]

Hi Raj

The flow is as follows.

1. Validate all invoices.
2. Confirm or cancel all incomplete payment batches.
3. If you use future dated payments, submit the ?Update Matured Future Dated Payment Status? Program.
4. Resolve all unaccounted transactions.
5. Transfer invoices and payments to the General Ledger
6. In the Control Payables Periods window, close the period in Payables.
7. Reconcile Payables activity for the period.
8. If you use Oracle Purchasing, accrue uninvoiced receipts.
9. If you use Oracle Assets, run the Mass Additions Create Program transfer capital invoice line distributions from Oracle Payables to Oracle Assets.
10. Post journal entries to the general ledger and reconcile the trial balance to the
General Ledger.

Hope it is clear

Thanks
Karan

[MMRAPPS]

Hi Karan,

Thx for ur info. Can u pls tell me wht are the base table it will effect in AP and GL whn do this process.

Rgds,
Raj

[hiszaki]

Hi MMRAPPS

You can go to metalink if you have access then search on Applications electronic Technical Reference Manuals (eTRM). It contains all tables & views of each module & the relation between all tables.

Thanks
Hisham