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Fusion CMR: Can Multiperiod Accounting Be Used For Purchase Order Receipt Accruals? (Doc ID 2707802.1)

Last updated on MAY 06, 2022

Applies to:

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


Can multiperiod accounting be used for Purchase Order receipt accruals?

- A PO for $1200 is created for a annual charge in advance i.e. rates.
- Receipt created for the PO.
- Accrual is generated for the full amount $1200 and expensed to the open GL period.

Can the expense accrual be spread across multiple future accounting periods using the Multiperiod Accounting functionality,
i.e. As if user entered the invoice and specified the start/end dates and entered the accrual combination?


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