How To Avoid Entries In Future Enterable Periods ? #oraclecloud #oraclefinancialservices #oracleerp

How To Avoid Entries In Future Enterable Periods

When we open a period, the next period is automatically set to "future enabled" which seems like a risk to us.

Is there a way to avoid such accounting entries in future enabled periods?
Is it possible not use the status "Future Enabled" at all?

If you do not want to allow entering invoices in future enterable periods, then please set the Number of Future Enterable Periods in Ledger level to "0".

How To Avoid Entries In Future Enterable Periods?

How to change status for Payables periods to 'Future Enterable' state, in order to enter recurring invoices?
When we open a period, the next period is automatically set to "future enabled" which seems like a risk to us.

Is there a way to avoid such accounting entries in future enabled periods?
Is it possible not use the status "Future Enabled" at all?

If you do not want to allow entering invoices in future enterable periods, then please set the Number of Future Enterable Periods in Ledger level to 0.
Please see the screenshot below to know where you can set this option:
The status of any Payables period as 'Future Enterable', will depend on the selection made in General Ledger, and cannot be controlled through any setup within Oracle Fusion Payables Cloud Service.

Following is the navigation of the setup in GL, that drives the behavior for Payables application too:
Specify Ledger Options Accounting Calendar Number of Future Enterable Periods

Coming to the question of entering recurring invoice, system will still allow a user to enter a Recurring Invoice, even though the status of period is Never Opened. It need not be 'Future Enterable' for purpose of entering Recurring Invoice but it needs to be Future Enterable to validate them

Видео How To Avoid Entries In Future Enterable Periods ? #oraclecloud #oraclefinancialservices #oracleerp канала Mohammed Salah - (لوجه الله عز وجل)