E1: 09: Impact of Using Recurring Journal Entries With Nonstandard 12 Period Accounting Fiscal Date Patterns (P0912/R09302) (Doc ID 2153041.1)

Last updated on JUNE 23, 2016

Applies to:

JD Edwards EnterpriseOne General Ledger - Version 9.2 and later
Information in this document applies to any platform.

Goal

There may be a need to use a twelve period accounting fiscal date pattern which does not align with the traditional calendar months.  When this is the case, the G/L dates and affected accounting periods for recurring journal entries may be different than if the fiscal date patterns were set up with a more "standard" method where the accounting periods align with the beginning and ending of the twelve calendar months.  For example, consider the following scenario:

The fiscal date pattern is set up so that the 5th accounting period ends on May 31st, the 6th accounting periods ends on June 28th, and the 7th accounting period ends on July 31st.  If a recurring journal entry is entered with a G/L date of June 30th, what G/L date will the journal entry have and which accounting period will it fall into?
 

Solution

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