Search Results fa_calendar_periods

The FA_CALENDAR_PERIODS table in Oracle E-Business Suite (EBS) 12.1.1 and 12.2.2 is a critical component of the Fixed Assets module, serving as the repository for fiscal and accounting calendar periods. This table plays a pivotal role in managing asset depreciation, financial reporting, and period-end close processes. Below is a detailed analysis of its structure, functionality, and significance within Oracle EBS.

Overview and Purpose

The FA_CALENDAR_PERIODS table stores period definitions for fiscal and accounting calendars used in Fixed Assets. It ensures that asset transactions, such as additions, retirements, transfers, and depreciation, are recorded in the correct accounting periods. This table is tightly integrated with the General Ledger (GL) calendar, enabling synchronization between asset accounting and corporate financial reporting.

Key Columns and Structure

The table comprises several essential columns, including:

• CALENDAR_TYPE: Distinguishes between fiscal and accounting calendars (e.g., 'FISCAL' or 'ACCOUNTING').
• PERIOD_NAME: A unique identifier for each period (e.g., 'JAN-2023').
• PERIOD_NUM: Sequential number representing the period within a fiscal year.
• START_DATE and END_DATE: Define the period's duration.
• PERIOD_STATUS: Indicates whether the period is 'Open', 'Closed', or 'Future Entry'.
• GL_PERIOD_NAME: Links to the corresponding GL period for reconciliation.

Integration with Other Modules

The table interfaces with:

1. General Ledger (GL): Ensures alignment between asset depreciation and financial reporting periods.
2. Subledger Accounting (SLA): Facilitates period-end accruals and journal entries.
3. Asset Transactions: Validates that asset adjustments are posted in the correct period.

Functional Significance

1. Depreciation Processing: Depreciation runs are executed based on the periods defined in this table. The system prevents calculations in closed periods.
2. Period Close: Fixed Assets period closure is contingent on the status of FA_CALENDAR_PERIODS entries.
3. Reporting: Financial and tax reports rely on period data to aggregate asset values accurately.

Common Customizations and Considerations

• Calendar Adjustments: Organizations may modify period dates to align with local fiscal requirements.
• Period Status Control: Automated scripts may update PERIOD_STATUS during month-end close.
• Audit Trails: Changes to this table should be logged for compliance.

Technical Considerations

• Indexing: Columns like CALENDAR_TYPE and PERIOD_NAME are frequently indexed for performance.
• Partitioning: In large implementations, the table may be partitioned by CALENDAR_TYPE.
• APEX Integration: Custom dashboards may query this table to visualize period statuses.

Conclusion

The FA_CALENDAR_PERIODS table is foundational to the Fixed Assets module, ensuring accurate period management and seamless integration with financial systems. Its configuration directly impacts asset accounting, compliance, and reporting. Proper maintenance of this table is essential for organizations leveraging Oracle EBS for fixed asset management.