How To Open Or Close Different Periods In Oracle R12!!

In the beginning of every month whenever we try to perform any oracle transactions like RTP, MTL transactions etc. the program goes into error due to Closed Periods. For performing these transactions successfully we mainly require following periods to be open on our instances:
  • Purchasing Period
  • Payables Period
  • General Ledger Period
  • Inventory Periods
It's quite easy to open or close these periods in R12. You can follow the steps below to open or close these periods in Oracle Apps R12.

How to Open Purchasing Period In Oracle Apps R12



1. Navigate to the following path: 
Purchasing SuperUser->Setup->Financials->Accounting->Control Purchasing Periods 

and  enter the Fiscal year and click "Go" button as shown in the following screenshot:
Note: If it prompts for selecting Operating Unit, select it and click Go button.
open purchasing period in R12


2. Now open the periods by changing the "Period Status" and click on "Save" button.


How To Open Payables Period In Oracle Apps R12


1. Navigate to the following path:

Payables Super User ->Accounting->Control Payables Periods 
Or

Payable Manager->Accounting->Control Payables Periods

And open the periods by changing the "Period Status" to "Open" and click on Save button as shown in the following screenshot:
open payables periods,open payable periods in R12

How To Open General Ledger(GL) Period In Oracle Apps R12


1. Navigate to the following path:
General Ledger Super User->Setup->Open/Close

when the form open select the desired Ledger from the LOV and click on "Find" button.

After clicking on Find button following form will open. Now open the required periods by clicking on “Open Period” button, select the required period as "Target Period" and click Open button.

open gl period,open gl period in R12


Ensure to Save the transactions.

How To Open Inventory Period In Oracle Apps R12


1. Navigate to followin gpath: 
Inventory SuperUser->Accounting Close Cycle->Inventory Accounting Periods 

and select the Inventory Org from LOV.

2. Select the period to be opened and click on "Change Status" button as shown in the following screenshot:

open inventory period in R12

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Oracle Apps Guy: How To Open Or Close Different Periods In Oracle R12!!
How To Open Or Close Different Periods In Oracle R12!!
How To Open Or Close Different Periods In Oracle R12!! How to open Purchasing, Payables,GL and Inventory Periods in Oracle Apps R12 version.
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