Oracle Applications

Oracle for Beginners

Define Accounting Calendar

Posted by shameemakhtar on June 22, 2009

Calendar Types

General Ledger Super User –> Setup –> Financials –> Calendars –> Types

You can use any of the seeded Calendar Types or create your own custom Calendar type.

For Year Type: Calendar or Fiscal

Accounting Calendar

General Ledger Super User –> Setup –> Financials –> Calendars –> Accounting

Prerequisite

Carefully consider the type of calendar you need for your organization, since it can be difficult to change your calendar (e.g., from a fiscal year to a calendar year) once you’ve used it to enter accounting data. Changing your calendar may require assistance from an Oracle consultant.

Define your accounting period types

Be careful not to miss out on any day when defining your calendar periods.

In the example above you can see that we have defined an additional adjusting period that overlaps with our last period of the year and allows us to make adjustments after we have closed the last period. We can have more than one adjusting period in a year with any from date and to date.

You can enable Security by checking the box (optional). You can secure your calendar definition using definition access sets. Definition access sets are an optional security feature that allows you to control use, view, and modify access to your General Ledger definitions.

For accounting calendars, only View and Modify access are applicable.

When you exit the Calendar Form, the Calendar Validation Report is automatically launched. You can view the request. You can also launch the request manually.

Shameem Bauccha

23 June 2009

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2 Responses to “Define Accounting Calendar”

  1. Vijay said

    Hi Shameem Bhai,

    I am trying to Update Costs,But I’m getting an error “No open accounting period is available”.

    I checked in the GL a/c PERIOD and it’s available upto Dec’09 and can you please help me in updating the accounting period upto Today’s date or some Dec’11.

    Thanks,
    Vijay

  2. Fastidious response in return of this query with real arguments and explaining the whole thing regarding that.

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