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Showing posts from February, 2014

Period Close in Payables

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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...