Sweeped Invoice can make Payment after a Year

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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nadh.oracleapps@yahoo.com
Posts: 63
Joined: Sat Nov 21, 2009 6:59 am
Location: India

Sweeped Invoice can make Payment after a Year

Post by nadh.oracleapps@yahoo.com »

Dear Members,

I Sweeped a Invoice to Next Year.

Is it Possible to make Payment.

Thanks
AmanKhan
Posts: 387
Joined: Wed Sep 26, 2007 2:51 am
Location: Pakistan

Post by AmanKhan »

yes, you can make payment to sweeped invoice in next period.

Try to make payment of sweep invoice and let us know if u face any issue.

Regards,
nadh.oracleapps@yahoo.com
Posts: 63
Joined: Sat Nov 21, 2009 6:59 am
Location: India

Post by nadh.oracleapps@yahoo.com »

Thanks AmanKhan,

If that Invoice Belongs to Previous Year.
karthikeyanp1981
Posts: 463
Joined: Thu Nov 09, 2006 4:50 pm
Location: India
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Post by karthikeyanp1981 »

Once the invoice is swept, the date of the invoice is changed to the current open period. If you check at the header level, the dates might not have changed, but if you check the invoice distributions, the dates would be having the current period date and not the previous year date ....
Distribution details are the key factors which determines accounting, and other key areas, and not the header level details, they are for information purposes only ..
So making payment to a swept invoice is as good as making payment to any normal invoice.

Regards,
Karthikeyan
kommineni7
Posts: 150
Joined: Wed May 30, 2007 6:05 am
Location: India

Post by kommineni7 »

Thanks guys..

i have one doubt over here..


the gl date also updated to current period?
karthikeyanp1981
Posts: 463
Joined: Thu Nov 09, 2006 4:50 pm
Location: India
Contact:

Post by karthikeyanp1981 »

What is the doubt in that ?
kommineni7
Posts: 150
Joined: Wed May 30, 2007 6:05 am
Location: India

Post by kommineni7 »

got it thanks
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