- OracleApps Epicenter - http://www.oracleappshub.com -

Month End Process for Account Payable

Lets summarize some important steps that highlight the activity required to perform the month end close in account payable.

From the output, determine if there are invoices on hold; Resolve any holds on invoices. Note that depending on the type of hold on an invoice, it may be impossible to transfer the Invoice to the General Ledger.

Navigation > Accounting > Control Payables Periods

The other activity, which involves accounts Payable User/Manager, is responsible for:

1 Comment (Open | Close)

1 Comment To "Month End Process for Account Payable"

#1 Comment By Biju Nair On March 16, 2009 @ 9:43 am

Hi Anand,
Good useful information.
I have a question, the AP Trial Balance report in 11i show details if we select the parameter to show details, but the corresponding report in R12 “Open Account Balances Listing” report does not show any details. Is there any setup that needs to be done or is there any customization involved? Please advise.

Thanks and Regards