ERPstuff - Oracle EBS Community

Look at expense details and PSI for the project. May be there are no costs distributed.

Very simple. Imagine you have company A and company B in chart of accounts. When you consolidate both companies A & B, you do not want to inflate the numbers. Example A sold 1 Million to B. This means B Purchased 1 Million from A. When you consolidate we should not see any sale or purchase. Othe...

Why are you saying in the first scenario system will create one entry. When you close the year, all the Income and expense accounts balances will be transferred to this retained earnings and next year PL accouts will start with zero.

after closing the AP period you can not enter the invoice in that period. Probably the date you are looking at is Invoice date. But the date relevant is GL Date in the distributions. This date will have default date to the current open period date.