Thursday, 24 January 2019

What is Period Close Exception Reports in Oracle Apps. Use of Period Close Exception Reports in Oracle

What is Period Close Exception Reports in Oracle Apps. Use of Period Close Exception Reports in Oracle

 
Period close exception report helps to provide the list of the Exceptions which prevent the system to close the Financial period. This report shoes the list of those transactions whose accounting is still pending for that financial Period which we are going to close. Period Close Exception Reports find these kinds of Transactions through GL date of the Transactions. With the Helps of GL date , Period Close Exception Report helps to find those Un clear transactions whose GL date entering in that Financial Period which we are going to close.
Period Close Exception Reports shows different kind of Transactions as below.
1.       Un accounted transactions whose accounting is still pending in the System.
2.       Accounted but not Post to GL.
Period Close Exception report helps to find all the Open Items which needs to be closed before closing the Accounting Period in Oracle application.
 

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