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EBS R12 Period Close Advisor: Receivables (Doc ID 1359460.1)

Last updated on JULY 10, 2020

Applies to:

Oracle Receivables - Version 12.0.0 to 12.1.3 [Release 12.0 to 12.1]
Information in this document applies to any platform.

Purpose

EBS R12 Period Close Advisor: Receivables Data for inclusion in Advisor 335.1

Details

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In this Document
Purpose
Details
 **Period Close Advisor Overview**
 How to use this Period Close Advisor:
 Receivables:
 **Evaluate & Prepare**
 1. Review Training Material
 2. Validate Setup
 3. Apply Recommended Patches
 4. Ensure Data Consistency
 **Process Transactions**
 1. Complete Invoicing, Credits and Adjustments
 2. Complete Receipts and Reversals
 3. Complete Invoice and Customer Import
 4. Complete Lock Box Processing
 5. Run the revenue recognition program (Optional; required if OM-Shipping is used)
 6. Run the Period Close Analyzer
 7. Print Invoices
 **Create Accounting**
 1. Run Create Accounting
 **Reconcile**
 1. Reconcile Transaction Activity for the Period
 2. Reconcile Outstanding Customer Balances
 3. Review the Unapplied Receipts Register
 4. Reconcile Receipts
 5. Reconcile Receipts to Bank Statement Activity for the Period
 6. Reconcile Posted Journal Entries
 **Close Period**
  1. Close the Current Oracle Receivables Period
 2. Review the Subledger Period Close Exceptions Report
 3. Third Party Balances Report
 4. Review the Unposted Items Report
 5. Review Account Analysis Report
 6. Open the Next Oracle Receivables Period
 7. Run Reports for Tax Reporting Purposes (Optional)
References

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