Reconcile Period End Receipt Accruals With GL

(Doc ID 2258955.1)

Last updated on MAY 05, 2017

Applies to:

Oracle Fusion Cost Management Cloud Service - Version 11.1.11.1.0 and later
Oracle Fusion Receipt Accounting - Version 11.1.11.1.0 and later
Information in this document applies to any platform.

Goal

How to reconcile Period End Receipt Accruals generated as a result of the following procedure:

RECEIPT ACCOUNTING - PERIOD END ACCRUAL PROCEDURE:
==================================================

1. Tools > Scheduled Processes > Schedule New Process > Transfer Costs to Cost Management

2. Costing > Receipt Accounting > Create Uninvoiced Receipt Accruals

3. Tools > Scheduled Processes > Schedule New Process > Uninvoiced Receipt Accrual Report

4. Costing > Receipt Accounting > Create Accounting
- Select 'Receipt Accounting' for Subledger Application
- Submit in 'Draft' Accounting Mode before 'Final'
- Select 'Yes' for Transfer to GL and Post in GL

Is there a standard means of reconciling period end accruals in GL 
 

Solution

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