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PRC:SSP:How To Transfer Approved Requisitions(With Negotiations) To Next Financial Year For Further Process (Doc ID 2372754.1)

Last updated on MAY 22, 2020

Applies to:

Oracle Fusion Self Service Procurement Cloud Service - Version 11.12.1.0.0 and later
Oracle Fusion Self Service Procurement - Version 11.12.1.0.0 and later
Information in this document applies to any platform.

Goal

Implementing Budgeting and Encumbrance Accounting for Procurement Modules as Self Service Procurement and Purchasing.
Hence,users are following "Carry Forward Process" at the end of the Year to move the Open Obligations and Commitments from One FY to next FY.

For the same, users have referred the below Meta link Note
  Oracle ERP Cloud Budgetary Control Carry Forward Release 10, Release 11 and Release 13 (Doc ID 2208855.1)

As per note, the automatic program is not transferring, Open Requisitions (Commitments) from one FY to next FY. As per white paper, it is mentioned as to Cancel/Withdraw/Return the Requisitions OR Convert to Purchase Orders and make it Approved.

Customer has Business Scenario that Requisitions are already converted to New Negotiations and Negotiation Process is not completed before the end of the FY.
In this scenario, Can users do the Award Process in next FY and Release the Purchase Order in next Financial Year?
 

Solution

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In this Document
Goal
Solution
References


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