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Posting FA Transactions(Closed Period transactions) to Current Open Period

Discussion in 'Oracle Financials' started by rajmreddy, Oct 1, 2012.

  1. rajmreddy

    rajmreddy Active Member

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    In one of the past month we have noticed that there were some FA transactions that never made it GL for some reason and the period was already closed. When we spoke to business they said they should go to the current period only (they did not want to open the closed period, push them to that period, and change the Period at the batch level to current period and post them).

    Looks like this was never an issue in 11i. We are currently on 12.1.3.

    I want to know if any one of you have come across this situation? How do we post the transactions to the current open period (FA => GL) where the mass add transactions have the accounting date as the closed period.

    Really appreciate any help on this.

    Thank You
    Raj Reddy
  2. Bharat

    Bharat Community Moderator Forum Guru

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    Vijayawada, India
    Then we need to move the asset to current period first and then post it as usual at the month end.