Get Message " Prior Period Close Has Not Been Closed , Cannot Proceed" From OPM Actual Cost Process (Doc ID 1540852.1)

Last updated on MARCH 08, 2017

Applies to:

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

Symptoms

On Applications 12.1.3 :
 When attempting to run the Actual cost process , the following error occurs.

 -- Error
Prior period close has not been closed , Cannot proceed

 -- Expected Behavior
No error as the previous period (the very first period) has been closed.

 -- Steps
 The issue can be reproduced at will with the following steps.
 1. OPM Financials > Run actual cost process


 -- Business Impact
 The issue has the following business impact:
 Due to this issue, users cannot close the period.

Cause

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