Search Results org_acct_periods

The ORG_ACCT_PERIODS table in Oracle E-Business Suite (EBS) versions 12.1.1 and 12.2.2 is a critical repository for managing accounting periods across different operating units within an organization. This table stores fiscal calendar information, enabling financial modules to enforce period-based accounting rules, validate transactions, and ensure compliance with reporting requirements. Below is a detailed technical and functional analysis of this table in the context of Oracle EBS.

1. Purpose and Functional Role

The ORG_ACCT_PERIODS table defines accounting periods for each operating unit, ensuring that financial transactions are recorded in the correct fiscal period. It serves as the backbone for period close processes, general ledger (GL) journal posting, and subsidiary ledger integrations (e.g., AP, AR, FA). Key functionalities include:

• Period Status Control: Tracks whether a period is Open, Closed, Future-Entry, or Permanently Closed, preventing out-of-period transactions.
• Fiscal Calendar Alignment: Supports multiple calendars (e.g., monthly, quarterly) per operating unit, accommodating global enterprises with diverse reporting needs.
• Integration with Subledgers: Ensures AP, AR, and Asset transactions adhere to the same period boundaries as GL.

2. Key Columns and Structure

The table's schema includes columns critical for period management:

• ACCT_PERIOD_ID: Primary key, uniquely identifying each period.
• ORGANIZATION_ID: Links to HR_ORGANIZATION_UNITS, associating periods with specific operating units.
• PERIOD_NAME: User-defined label (e.g., "JAN-2024").
• PERIOD_NUM: Sequential number (1-12 for monthly periods).
• PERIOD_YEAR: Fiscal year.
• START_DATE and END_DATE: Defines the period's date range.
• PERIOD_STATUS: Enumerated values (O, C, F, etc.) controlling transaction posting.
• GL_PERIOD_NAME: Synchronizes with GL_PERIODS for consolidated reporting.

3. Integration with Oracle EBS Modules

The table interacts with multiple modules:

• General Ledger (GL): Validates journal entries against open periods.
• Payables (AP) & Receivables (AR): Prevents invoice posting to closed periods.
• Assets (FA): Ensures depreciation runs in the correct period.
• Inventory (INV): Aligns cost updates with accounting periods.

4. Technical Considerations

• Indexing: Typically indexed on ORGANIZATION_ID, PERIOD_YEAR, and PERIOD_NUM for performance.
• APIs: Managed via GL_PERIOD_STATUS_PKG and MO_GLOBAL for multi-org access control.
• Audit Trail: Changes to period statuses are logged for compliance.

5. Common Customizations and Pain Points

• Period Reopening: Requires careful audit checks to avoid data integrity issues.
• Year-End Close: Must synchronize with GL_PERIODS to prevent misalignment.
• Multi-Org Access: Misconfigured MOAC settings may restrict period visibility.

6. Best Practices

• Use standard GL_PERIOD_CLOSE workflows instead of manual SQL updates.
• Leverage AD_ZD patches in 12.2.2 for zero-downtime period maintenance.
• Monitor ORG_ACCT_PERIODS via concurrent programs like "Accounting Period Status Report."

In summary, ORG_ACCT_PERIODS is a foundational table in Oracle EBS financials, ensuring period integrity across modules. Proper configuration and adherence to Oracle's period close methodologies are essential to maintain accurate financial reporting and compliance.