Accounting Preprocessor Error: Prior Inventory Period Has Not Been Closed. Cannot Proceed (Doc ID 1495833.1)

Last updated on NOVEMBER 16, 2016

Applies to:

Oracle Process Manufacturing Financials - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms

On Applications :
 When attempting to run the Accounting pre-processor, the following error occurs.

 -- Error
Prior Period Inventory has not been closed. Cannot proceed.

 -- Expected Behavior
No errors

  -- Steps
 The issue can be reproduced at will with the following steps.
 1.OPM Financials > Run OPM Accounting pre-processor.

 -- Business Impact
 The issue has the following business impact:
 Due to this issue, users cannot proceed with the period-end process.

Cause

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