Period Close in Payables
Sweep Program in Oracle Payables Sweep Transaction to next period and pass a manual entry in the current period. Sweeping transaction can be done as per following steps v Ensure that all activities are done and reconciliation is over v Review and resolve the following reports Ø Invoice on Hold Report Ø Journal Entry Report Ø Unaccounted Transaction Report Ø Reconcile payments v Submit Unaccounted Transactions Sweep Program as follows: v In control Payables period window if you will try to close Dec-13 Period, the system will enable exception button in the same window v Choose the exception button and you will see two options as Review and Sweep v Choose Sweep button. Payable opens sweep to period window. You enter next open period or take as default. v Select the submit button to submit unaccounted transactions sweep program. System will genera...