Accounting Period

Hello
Where do i confiq
1. Accounting Period Start Date and End date.
and also
2. Cut Off Date and Trans. Date
NSN

Here Accounting Period Start Date : 1st of the month
Accounting Period End Date : 15th of the month
and Pay Date(s) : 12th of Month
Cut Off Date: 8 Days befor
Trans. Date : 1 day befor
PLEASE TEL ME

Similar Messages

  • HIRE Employee prev to the retro accounting period in payroll record

    Hi All,
    I have an issue when I try to hire an employee in the system. The system doesn't allow me to hire any employee before Nov 2009 as the retro accounting period for that payroll area is dated to 11 2009.
    The retro accounting period changed from 10 2005 to 11 2009, when it did not change for any other payroll area.
    Can anyone suggest a solution as how to hire an employee beyond this date?

    in one case we can perform this activity why the user will forget to hire an employee who got hired for the previous months
    U have to change the Retro date in the control record as per the isssue
    ask the client to use the system accurately  other wise deleting the control record is not good practice  in some cases we can do and we have to do
    but this above said shd not be the reason

  • What is difference in open account period and encumbrance year?

    hello experts,
    I want to open the accounting as well as financial year for 2012-2013. as I am using test application.
    in purchainsing->setup>-accounting->open and close period.
    their are are two terms
    accounting period and encumbrance year.
    what is the meaning of these terms.
    when I am click open next account period , it is opening month wise.
    in my test application period only before 2007 is opened. now I want to open directly 2012-2013 period.
    how to do that.
    also tell me what is accounting inventory period, n what case it is useful?
    thanks
    yash

    http://docs.oracle.com/cd/A60725_05/html/comnls/us/gl/openpe01.htm
    http://www.google.co.in/webhp?source=search_app#hl=en&sclient=psy-ab&q=inventory%20accounting%20periods%20in%20oracle%20apps&oq=&gs_l=&pbx=1&bav=on.2,or.r_gc.r_pw.r_qf.&bvm=bv.43148975,d.bmk&fp=38b5f37b94cc2ba8&biw=1366&bih=667&pf=p&pdl=300

  • Cost of sales accounting & period accounting

    Hi folks,
    I want to know the difference between cost of sales accounting & period accounting. where do we use them and which is preferable. thanks in advance.
    Regards,
    Vijay

    Two accounting methods used for generating profitability statements are the cost-of-sales method and the period accounting method. Applying either method to a given set of business transactions under a given set of laws yields the same bottom-line result (profit) in concept. The difference is in how the overall profit and loss picture is presented.
         Companies must choose to use one of these methods for generating their legal financial statements. <b>The choice is often determined by country-specific legal requirements.</b>
         Cost-of-sales accounting
         With this method, the emphasis is on matching the revenues for goods and/or services provided (the value that a company gains as a result of sales) against the related expenses for those items (the value that is lost when products are transferred out of the company). Therefore, this accounting method displays profit and loss information in a manner optimized for conducting margin analyses, and as such it is optimal for the sales, marketing, and product management areas.
         Period accounting     
         With this method, the emphasis is on summarizing the activity and situational change over a period of time, for a given organizational unit. Therefore, this accounting method presents the revenues and primary expenses that have been incurred during a given period of time and the changes in stock value levels, work-in-process, and capitalized activities. As such, it is optimal for the production and profit center areas.

  • How To Overcome When User Incorrectly Opened The First Inventory Accounting Period As Next Month

    Hi,
    User has opened the wrong first inventory account period. Instead of Aug-14, next period Sep-14 has been opened. There are transactions which need to be posted in Aug-14. How can I rectify this?
    During my search in oracle support, I found below information but the note is not accessible.
    "Internal Note 400900.1 How To Overcome When User Incorrectly Opened The First Inventory Accounting Period As Next Month"
    Regards,
    Ahmed

    Hi ,
    Try This Way...
       If you want to use the uesr exit in two places...
          If area = xyz
           variable1
         else
             variable2.
    same function module you can use in different places...
    If still not clear send me the full details where you want to use then i can send it to you with sample code.
    Thanks..
    Siri N

  • Accounting Period not open

    I am tryng to perform GR with a PO, system says document is OK but accounting period 012 2007 is not open. Then i use MMPV and check n close for 12 2007. Now when I see the MMRV, current period is 001 2008 and previous is 12 2007 as I have closed 012 2007. But when i try and Post GR in 001 2008 system displays error posting only possible in the periods 12 2007 abd 001 2008 . Please tell me how to solve this problem.
    Points will be awarded definitely for the right answer.

    Hi
    You should not have opened the MM period for 001 2008.
    Please read SAP Note 487381 for Unintetional opening of future period & action to be taken.
    For opening FI Periods use T.code OB52.
    In that for the Posting period varinat assigned to your compnay code , You need to change the period to 12 2007.
    Thanks & Regards
    Kishore

  • Validate Input field - Accounting period

    Hi All,
      I've to check the validity of the Accounting period [input field] on Billing.Kindly explain how to check - any FM or Table is used?
    I tried Table T009B but getting confused.
    I appreciate ur time

    hi
    good
    if you r already using teh BKPF table than you can write the select statement to select the data from the table and compare with the input value .
    EX->
    select * from table in to BKPF into corresponding fields of table ITAB where BKPF-fieldname IN  inputfieldname.
    thanks
    mrutyun^

  • Current System Date is not an open or authorised accounting period

    Hi
    Has anyone come across this system error message when running a Manual Internal Recon for a Supplier from Business Partners Module:
    "Current System Date is not an open or authorised accounting period"
    I couldn't find a post on it in the forum.
    The scenario:
    December 2010 Posting Period is Unlocked
    November 2010 & January 2011 Posting Period are Locked
    Suppliers transactions to be reconciled average between August 2010 to December 2010, the Suppliers Currency is USD, the Recon Date is 25/01/2011 (todays date), the database LC = ZAR, SC = ZAR therefore making the USD = FC, Recon total = zero (after ticking relevant postings) > Reconcile > Gives above error message
    I tested x3 scenarios:
    - Change Recon Date to 31/12/2010 (as December 2010 period is Unlocked) = Recon reconciles
    - Open the January 2011 Posting Period = Recon Reconciles
    - Reconcile any Local supplier = LC (ZAR) Supplier with the same Recon Date (25/01/2011) = Recon Reconciles
    With the above mentioned it looks like something to do with Exchange Rates based off Recon Date trying to pull from January 2011 but can't because Jan 2011 Posting Period is Locked.
    Any ideas on the error message or why this may happen.
    Regards
    Kurt Walters

    Hi Rakesh
    Thanks very much for the reply, your answer has agreed to what I have said so I will consider this message closed now, thanks for the help much appreciated.
    Gordon - I am aware of this as per my post, just wanted to check as LC can post fine with the Period being closed but the FC will not based on the Recon Date, as per Rakesh agreement due to the FC looking at the Recon Date as well as Exchange Rate for that recon date and Period not open it will gives an error message.
    Thanks both for your replies, much appreciated.
    Regards
    Kurt Walters

  • Accounting period problem for doing PGI

    Hi Friends
    I am getting this error while doing PGI , I have entered Actual goods issue date in delivery header  manually . 15 .11.2008 . I am trying to do PGI on 7.12.2008 .
    u201C@5C\QError@     E     F5     286     900001     Period 008/2008 is not open for account type S and G/L 500010     @35\QLong text exists@     200.F     WHL ASSY ALUM 16 X 7     30,000     EA     0000000685u201D
    I guess it is because of accounting period closing for November 2008 .
    Just I want to know ,for doing PGI also ,  does  accounting period maters ?
    If it maters , I request you to mention solution please .
    With regards
    Jayapala S.H

    Hi jaypala
    Firstly go to MMPV and check the closing period of your company code if it is in past close the month by MMRV and then do delivery and PGI and check still if it is not working then Go to OB52 and maintain for account type S with the G/L account 500010 and the closing month and the year.
    Regards
    Srinath

  • Inventory Accounting periods missing for an ORG

    Dear Colleagues
    I have setup two new Inv OUs under a New OU which is Set under a New SOB
    The first inventory ORG, when I went to inventory Accounting periods, it asks me for the first period to open, hence i opened Apr-11 as thats the first period of fiscal year in Singapore
    For the second inventory Org, when I went to inventory accounting periods, it does not ask me for the first period to open. Instead opens the screen and shows
    Nov-11
    Dec-11
    Jan-12
    Feb-12
    Mar-12
    Nov-11 shows as the 8th period of the fiscal year which is correct and all have status as future.
    Now what should I do, I have no idea why this is happening and how to fix this.
    If somebody opened the first period(assumption, than it should show that period too right
    Any help is highly appreciated
    This issue is highly critical, I request you all to give me any inputs plz
    Please advise
    Thanks
    Emm

    Gerry Tunggadjaya wrote:
    Cost manager works per Inventory Organization, and it will not process any transasctions if even only one line is in an Error status.I jus activated it once and it processes transactions from all orgs, whats the catch here
    Therefore, from all of the pending transactions, there should be at least one line in error for each IO.
    please run the query below, and find the error code and transaction id:
    select * from mtl_material_transactions where costed_flag = 'E'there are four transactions with E in costed_flag
    two lines belong to an ORG and other two lines belong to another ORG
    and only these two ORGS are having problems with their transactions not being costed..
    what to do now

  • Anybody know of a way to add or modify Accounting Periods through an API?

    I am trying to import and modify Inventory Accounting Periods. Does anybody know of a way to do this through an API? I can't find an API to do this so I'm thinking that I might have to a direct insert. Thanks for the help.

    I think that I have figured out a way for 3/4 to be solved. Some background on the problem is that the two Oracle instance are supposed to be in sync with one another. I am currently working on syncing the GL periods and INV periods. For GL periods, I have found GL_PERIODS_PKG.Load_Row for creation and GL_PERIODS_PKG.update_row for opening of a period. For INV, I am going to use CST_ACCOUNTPERIOD_PUB.open_period to do opening however I can't find a seeded creation procedure.

  • Freeze accounts periods stops MRP from working?

    Hi
    We have been doing some work in Accounts and froze the accounting periods January - September, but it appears this action stopped MRP from working.
    Is this behaviour correct by design, or is it possible there is an as yet undefined issue?
    Thanks

    Hi,
    Did you received error message like Period is locked for new data  [Message 131-107]?
    If yes, then the system behavior is correct.
    Thanks & Regards,
    Nagarajan

  • Accounting Period is null in R12 GL Budget

    Hello all,
    I am doing budgeting setup in R12.
    I Defined the Budgeting and created Organization.
    While entering the Budget amount, I can select Budget and Budget organization but Accounting Periods from fields having no records. Its saying that, FRM-41830: List of Values Contain no entries.
    Please guide me to clear this issue.
    Thanks and Regards,
    Muthu
    [email protected]

    Please see these docs.
    GLXBDORG 'FRM-41830: List of Values contains no entries' For Funding Budget On Budget Organization Form [ID 949104.1]
    Schedule Budget Formula Batch: Frm-41830: Empty LOV For Field "Budget" [ID 1231763.1]
    FRM-41830: List of Values Contains No Entries When Attempting to Upload Budget Amounts [ID 400810.1]
    FRM-41830 LOV Contains No or Missing Values On Translate Balances Form, GLXFCXLT [ID 1077549.6]
    PAXBUEBU: REVENUE NOT AN OPTION FOR AMOUNT TYPE ON REVENUE BUDGET [ID 1075329.6]
    Current Issues for Budgets [ID 177501.1]
    Thanks,
    Hussein

  • Function for accounting period

    Hi guru,
    do you know a function to know if the accounting period is open or closed?
    thanks

    This function module will fire message 201 if period is not open.
    FI_PERIOD_CHECK

  • Multiple Accounting Periods

    Does Oracle Financials Support Multiple account periods ( Future Periods or 13th Periods as they are called)
    basically we are dealing with a Multi - national company , they have different accounting periods for different countries they work in (Jan - Dec 31 in US, April 1 - March 31 for their Australia Ops)
    ultimately they want to use oracle financials globally for all their accounting , the challenge we have right now is we can have only 1 "13th period" in which we can post adjusting entries, so we can either use it for the US or Australia.
    any ideas ?

    Hello.
    You can define multiple calendars and assign a different calendar to each set of books. For example, you can use a monthly calendar for one set of books, and a quarterly calendar for another.
    Each set of books has an associated period type. When you assign a calendar to a set of books, the set of books only accesses the periods with the appropriate period type. Thus, you can define an accounting calendar with periods of more than one period type; however, each set of books will only use periods of a single period type.
    For example, you could define a Week period type and specify 52 periods per year. You can assign up to 366 accounting periods per fiscal year for any period type, and maintain actual balances for those periods. However, for budgets you can only use the first 60 periods.
    For example, assume you have a July 1 to June 30 fiscal year and the current date is July 15, 1995. If you choose the Calendar year type, General Ledger appends the year 1995 to the period name (JUL-95) because July begins in 1995. If you choose the Fiscal year type, General Ledger appends 1996 to the period name (JUL-96) because the fiscal year ends in 1996.
    Using the same July to June fiscal year example, if the current date is March 15, 1995 and you choose the Fiscal year type, General Ledger appends the year 1995 to the period name because the fiscal year ends in 1995.
    Octavio

  • FM/BAPI to open accounting period?

    Hi there,
    is there any Funtion Module or BAPI that allows me to open an accounting period for the time of running my report and closing it after my report again?
    Thanks so much.
    Regards
    Markus

    Markus,
    you have to open the FI and MM posting periods.
    Use MMPV, to open the MM period where you can give
    the company code
    period
    fiscal year
    press execute > enter.
    repeat this process till you come to 02/2008 for your company code. Please take care that you dont go beyond.
    Use OB52 to open the FI posting periods for account type S.
    or:
    SPRO > IMG > FINANCIAL ACCOUNTING > FINANCIAL ACCOUNTING GLOBAL SETTINGS > DOCUMENTS > POSTING PERIODS > ASSIGN VARIENT TO COMPANY CODE.
    Select Your company code and assign the Varient.
    Amit.

Maybe you are looking for