Adjustment Period - HandsonERP - Oracle E-Business Suite Training

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TOPIC: Adjustment Period

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#1559

rcprasad (User)

Fresh Boarder

Posts: 1

Adjustment Period 13 Years, 4 Months ago

Hi Hasan,

I have a question regarding Adjustment Period. If we are in 12th period and it is OPEN and next Period is 13th ADJUSTMENT Period, Its status is FUTURE ENTERABLE (Ledger have Only one future entarable) for only one day. When Accurals comes in 12th period, they should post to next period i.e Future enterable period - 01(Here New Fiscal year begins). But here it is a Adjustment period, how should we post to period -01 in next fiscal year?.

Do we need to close Adjustment period, So, Automatically next period is FUTURE ENTERABLE?
Thanks

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