EAP: The Lag Days Feature is not Working For AP Voucher Close
Last updated on SEPTEMBER 15, 2016
Applies to:PeopleSoft Enterprise FIN Payables - Version 9.1 and later
Information in this document applies to any platform.
Lag days feature is not working for the following scenario in Payables Voucher Close:
1. Ensure AP Open Period set up with Lag days. Path: Set Up Financials/Supply Chain > Business unit Related > General Ledger > Open Periods > Open Period Update >> enter Begin Lag and End Lag Dates. Example of Dates defined:
From Year: 2015
From Period: 3
Begin Lag; -18
First Open: 02/11/2015
To Year: 2015
To Period: 3
End Lag: -18
Last Open: 03/13/2015
2. Proceed to process a Voucher and then Close Voucher on 02/16/2015.
The voucher closure entry has an accounting date of 02/16/2015 instead of 03/01/2015.
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