Why is the Accounting Date in the Next Period and not Current Period?

(Doc ID 2389952.1)

Last updated on APRIL 23, 2018

Applies to:

Oracle Payables - Version 12.1.3 to 12.2.7 [Release 12.1 to 12.2]
Information in this document applies to any platform.

Goal

Scenario: An invoice is entered in a certain period, for example, JAN-18 and has to be paid in that same period. But, by mistake, a payment date is entered in the following period, that is FEB-18. All the while, the period of FEB-18 was opened by mistake. The payment was voided and re-created with the payment date JAN-18. After that, for business reasons, the invoice had to be canceled because it should not have been entered in the first place. Therefore, the user first voids the payment that was created for the second time (with payment date of JAN-18), and then cancels the invoice. But then notices the cancellation takes the accounting date of FEB-18 (Date of the first canceled payment), and not that of JAN-18 (date of the second voided payment).

For this scenario, all of the activity was done in JAN-18 calendar period and not in FEB-18.

How to get the accounting for the invoice/payment creation and cancellation/void to be in the JAN-18 period and not FEB-18?

Solution

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