Change Accounting Period

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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Faraz dot.com
Posts: 25
Joined: Wed Sep 05, 2012 2:24 am
Location: Pakistan

Change Accounting Period

Post by Faraz dot.com »

Dear All,
If we already given opening period in SLA like Jan 2012 but after some time we want to change Accounting Period like Jan 2011 so the application accept this or not ??????


waiting yours reply


Thanks

F.akhter
karthikeyanp1981
Posts: 463
Joined: Thu Nov 09, 2006 4:50 pm
Location: India
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Post by karthikeyanp1981 »

Hi Faraz,

1) If you want to change the text of the period name, it can be done ....
2) If you want to change the period, it depends on the period status .... you can select the period(s) which are in open status .... In your case if Jan 2011 is in OPEN status, you can select that as well....
3) You cannot select a period that is not defined your calendar ....
4) You cannot select a period that is before the FIRST OPEN PERIOD in GL ....

You have to make sure what should be your very first open period .....

Regards,
karthikeyan
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