| GL Calendar [message #562561] |
Thu, 02 August 2012 04:41  |
mastu
Messages: 3
Registered: August 2010
Location: Bangalore, India
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Junior Member |
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We need some functional help. We got a change requirement from business related to calendars and the details as below:
Our Client has the calendars each fiscal year will have 13 periods.
These calendars have period end date as Thursday. They want to update the calendars to have period end date on Saturday through FY14.
We would like to know if this possible, how and what will be the impact.
Business want to have this solution and estimates if it is feasible at the earliest.
Please let us know who can help us on this
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| Re: GL Calendar [message #570454 is a reply to message #562561] |
Fri, 09 November 2012 15:44  |
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HarrisonF
Messages: 1
Registered: September 2012
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Junior Member |
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Matsu,
Are you on R11 or R12? In either release, if you have no transactions (budget postings, service contracts, etc.) in future periods, Oracle Support can provide scripts to change the period dates. These scripts may also be used if you empty out all of your transactions from future periods. If you do have transactions in your future periods in R11, another option is that you can create a new set of books with a new calendar, and use that going forward (the new calendar will not be tied to any of the subledgers). At the GL level, you can use the financial consolidation to map to the new set of books for reporting. If you are on R12, you can set up a new ledger with a new calendar and enable subledger accounting. There is another option, and in the interest of full disclosure, I work for eprentise. eprentise has software that changes calendars, adding or subtracting periods, changing dates, changing the year-end, changing from a fiscal calendar (a 4-4-5 or a 5-5-4) to a monthly calendar, changing the period or calendar names, even revaluing the assets as required by GAAP rules if the calendar change is required because of an acquisition. eprentise Reorganization software can be used even if the future periods have transactions, or if you need to change the calendar for a prior year. It is out-of-the-box software that works for any type of calendar change in all the Oracle E-Business Suite modules and subledgers. It re-aligns the asset and project calendars and there is no need to empty out transactions in future periods. eprentise software even creates journal entries to reconcile date changes for a period. I would be happy to discuss with you further or you can visit the eprentise website.
www.eprentise.com
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