Period Closing Process

Product Family	Product Code	Step Number	Description
		1	Order Mgmt
Order Management	ONT	1.1	Complete the sales orders
Order Management	ONT	1.2	Import Sales Order
Order Management	ONT	1.3	Pre-Billing Acceptance
Shipping	WSH	1.4	Complete the shipping transactions
Order Management	ONT	1.5	Prepare the link with AR
Order Management	ONT	1.5.1	Check run of Workflow background engine
Receivables	AR	1.5.2	Run the Invoice Interface/Autoinvoice
Receivables	AR	1.5.3	Verify the Autoinvoice Exceptions
		2	Receivables
Receivables	AR	2.1	Complete all Receivables transactions for the period being closed
Subledger Accounting	SLA	2.2	Create accounting
Subledger Accounting	SLA	2.3	Transfer to GL
Receivables	AR	2.4	Manage the Receivables Period
		3	Purchasing
Purchasing	PO	3.1	Complete all transactions for Oracle Purchasing
Subledger Accounting	SLA	3.2	Create accounting for Payables
Subledger Accounting	SLA	3.3	Transfer to GL
Purchasing/Payables	PO/AP	3.4	Purchasing Period management
Payables	AP	3.4.1	Close the Payables period
Purchasing	PO	3.4.2	Run the Receipt Accruals - Period-End Report
Purchasing	PO	3.4.3	Manage the PO Periods
Payables	AP	3.4.4	Open next AP Period
		4	Transactions control:
		4.1	Enter all transactions in eBS:
Inventory	INV	4.1.1	Enter the pending cycle counts
Inventory	INV	4.1.2	Check run of the Material Transaction Manager
Inventory	INV	4.1.3	Check run of the Move Transaction Manager
Inventory	INV	4.1.4	Check run of the Lot Move Transaction Manager
Inventory	INV	4.1.5	Check run of the Cost manager (mandatory)
Inventory	INV	4.2	Check the pending or in error transactions
Inventory	INV	4.3	Unprocessed Material (resolution required)
Inventory	INV	4.4	Uncosted material transactions (resolution required)
Costing	CST	4.5	Pending LCM Interface Transactions (resolution required)
Work In Process	WIP	4.6	Pending WIP Costing transactions (resolution required)
Shop Floor Management	WSM	4.7	Pending WSM interface (resolution required)
		4.7.1	Run the Import WIP Lot Transactions
		4.7.2	Run the (WSM) Pending Transactions Report
Shipping	WSH	4.8	Unprocessed Shipping Transactions (by default, resolution required)
Shipping	WSH	4.8.1	Search delivery line with the status Shipped
Shipping	WSH	4.8.2	Run the Interface Trip Stop SRS
Inventory	INV	4.9	Pending material transactions for this period (resolution recommended)
Work In process	WIP	4.1	Pending Shop Floor Move (resolution recommended)
Purchasing	PO	4.11	Pending Receiving Transactions (resolution recommended)
Project Manufacturing	PJM	4.12	Project Manudacturing - Cost Collector
Project Manufacturing	PJM	4.12.1	Run the Cost Collection Manager
Project Manufacturing	PJM	4.12.2	Import the transactions in Projects
		5	Cost Mgmt
Costing	CST	5.1	Cost Of Goods Sold
Costing	CST	5.1.1	Record the Order Management Transactions
Costing	CST	5.1.2	Collect the Revenue Recognition information
Costing	CST	5.1.3	Generate the COGS Recognition events
Costing	CST	5.2	Create accounting
Costing	CST	5.3	Transfer to GL
		6	Inventory Open/Close Period
		6	Inventory Open/Close Period
Inventory	INV	6.1	Open the next period
Inventory	INV	6.2	Close the period
Inventory	INV	6.3	Open or Close several periods in the same time
Inventory	INV	6.3.1	Hierarchy of Organizations
Costing	CST	6.3.2	Open several periods
Costing	CST	6.3.3	Close several periods