Error Message when Submitting Actual Cost Process: Prior Inventory period has not been closed (Doc ID 1108545.1)

Last updated on MARCH 08, 2017

Applies to:

Oracle Process Manufacturing Financials - Version 12.0.0 to 12.1.3 [Release 12 to 12.1]
Information in this document applies to any platform.

Symptoms


On : 12.1.1 version, when attempting to submit Actual cost process, the following error occurs.

ERROR
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Decision: -Prior Inventory period has not been closed. Cannot proceed.

STEPS
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The issue can be reproduced at will with the following steps:
1. PM Financials responsability: Actual Cost process form
2. Intend to submit  providing Legal Entity, Calendar, and Period parameters,
Period Status: Open/Cost Type: Actual.
3. Message appears.

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot submit Actual Cost process.

Cause

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