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

Period Close Processing Checklist -> R12 Receivables

Posted By Sanjit Anand On June 13, 2009 @ 2:32 am In Oracle Receivable | No Comments

This is recap of previous post [1] in brief for Close Checklist – Receivables

  1. Complete Transactions
  2. Review Unapplied Receipts
  3. Reconcile Receipts to Bank Statement
  4. Change Period Status to Close Pending
  5. Create Accounting
  6. Review Unposted Items Report
  7. Reconcile Transaction Activity
    • Transaction Register
    • Sales Journals
    • Receipt Register
    • Receipt Journals Report
    • Journal Entries Report
  8. Reconcile Outstanding Customer Balances
    • Aging Report (run for last period)
    • Transaction Register
    • Adjustments Register
    • Invoice Exceptions
    • Applied Receipts Register
    • Unapplied Receipts Register
    • Aging Report (run for this period)
  9. Post (GL) Receivables Transactions
  10. Print Invoices
  11. Print Statements
  12. Print Dunning
  13. Reconcile Receivables Activity to GL
    • AR Reconciliation Report
    • AR-GL Reconciliation Report
    • Third Party Balances Report
    • Account Analysis Report
  14. Close Receivables Period
    • Subledger Close Exceptions Report
    • Change Period Status to Closed
    • Open Next Period
  15. Do your Tax Reporting

Article printed from OracleApps Epicenter: http://www.oracleappshub.com

URL to article: http://www.oracleappshub.com/accounts-receivable/period-close-processing-checklist-r12-receivables/

URLs in this post:

[1] previous post: http://www.oracleappshub.com/release12/r12/r12-ar-month-end-close-and-reconciliation/

Disclaimer The opinions expressed here represent solely my own represent personal conjecture based upon experience, practice and observation and does not represent the thoughts, intentions, plans or strategies of my current & previous employers and their clients. Copyright © 2007-2010 OracleApps Epicenter. All rights reserved.