My Oracle Support Banner

Income Statement Closing Journals Created with The Balance of Last Period (Doc ID 2565643.1)

Last updated on JULY 18, 2019

Applies to:

Oracle General Ledger - Version 11.5.10.1 and later
Information in this document applies to any platform.

Goal

On : 11.5.10.1 version, Balances and related objects

Close Process - Create Income Statement Closing Journals with the Balances of last period every month.

Income Offset Account define with Expense Account Type. The offset amount should be calcuated when the sysetm create the Income Statement Closing Journals.

 

ACTUAL BEHAVIOR
---------------
Create Income Statement Closing Journals with the Balances of last period every month.

EXPECTED BEHAVIOR
-----------------------
Create Income Statement Closing Journals with the Period Next Amounts of current period.

 

 

Solution

To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!


In this Document
Goal
Solution
References


My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.