ERPstuff - Oracle EBS Community

Hi All,

Dose any body have any document on how do the multiple accounting period concept for ap in R12.

for the below kind of requirement does anybody have any document pls share with me.


A company must prepay rent for the year. $1,200,000.00 must be paid on December 31,2005. However, the company needs to recognize the expense over a twelve month periods.

Thanks & Regards,
Satish Kumar

One can follow the below procedure ....
Create a Prepayment invoice for 12,00,000$ and make the payment for 12,00,000$ on DEC 2005.
Create Standard invoice for 1,00,000$ for every month from JAN 2006 to DEC 2006 and apply it against the prepayment already created ...