Period Closure Activities For Oracle Apps Implementation

The following is a note on the period closure process entailing the checking of transactional data, running of transfers of transactional data to the General ledger, reviewing/reconciling of reports and closure of periods in Oracle’s modules. These activities can be taken up roughly in the sequence in which they have been detailed below. Several of these activities (like GL transfers, reconciliations) can be performed concurrently prior to the closure of periods. However, the specific activity of closing of periods in respective/relevant modules should take the following order:

Refer the blog post for: 
Oracle Apps Financials period closure monitoring scripts

Closing the AP Month - How it works and what to do

Oracle Apps Period End Process Steps

A summary of the period-end procedures for each of the application modules is detailed below. The steps should be followed in the order in which it is showed:

Oracle Apps Fixed Assets (FA) Material Download

Entire details of Oracle Apps Fixed Assets module is explained with screen shots. Following are the topics covered:

• FA Adjust Asset Financial Information Process
• FA Adjust Asset Financial Information Training
• FA Asset Category Setup
• FA Asset Depreciation Process