Generate COGS Recognition Events Errs with 'There is no open GL period for Ledger XXXX' (Doc ID 757644.1)

Last updated on NOVEMBER 05, 2016

Applies to:

Oracle Cost Management - Version 12.0.0 and later
Information in this document applies to any platform.
*** Checked For Relevance on 22-Dec-2013***

Symptoms

While Running Generate COGS Recognition Events, the system is giving error:

There is no open GL period for Ledger 2050 in or after period DEC-09.
One of these future GL periods must be opened before COGS can be properly matched to Revenue.
Unexpected error in CST_RevenueCogsMatch_PVT . Create_CogsRecognitionEvents ( 40 )
Error in CST_RevenueCogsMatch_PVT . Match_RevenueCOGS ( 50 )


Cause

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