Variance Transactions Are Passed To The GL After The Inventory Periods Are Closed
(Doc ID 1515606.1)
Last updated on DECEMBER 03, 2019
Applies to:Oracle Cost Management - Version 12.1.3 and later
Information in this document applies to any platform.
Customer recently implemented EAM.
Variance transactions(similar to note 1058253.1) are transferred to the GL after the period is closed.
In one instance a previous period (ex. OCT-12) entry appeared in December because we opened the October GL period for to bring in AR conversion transactions for an acquisition.
We realize that these entries have no financial impact but we would like them to be transferred to the GL in the correct period. What is the period end process for EAM/INV to ensure that ALL transactions are transferred to the GL? Is it a concurrent process? A special order of processing at month end?
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