Professional Documents
Culture Documents
Agenda
Process Changes & Dependencies Close Process General Payables Receivables Assets Cash Management General Ledger Intercompany Reconciliation Q&A
R12
Transactions Distributions
Product Period Close
Distributions
GL Journals GL Balances
GL Balances
Close Dependencies
Inv PO AP PA AR CE GL FA
R12
Transactions Distributions Balancing Lines Balancing Lines SLA Journals
Distributions
GL Journals
Accounting Reports
GL Journals GL Balances
GL Balances
Payables Release 12
Detail. Outputs in *.pdf, *.xml Ability to rebuild the Trial Balance definition anytime New columns on the report to highlight anomalies Capture Accounting Class Code=LIABILITY only Display invoices if payments are accounted prior to invoices in AP Payment Status as of Date & Cancellation
Date can help catch anomalies, as shown below. At a glance, you can catch any Fully Paid/Cancelled invoice appearing in the report
AP Reconciliation Issues
1. Transactions do not appear in Open Account Balances 2. 3. 4. 5.
Listing report Accounting does not appear in Account Analysis report Cancelled invoices/payments result in errors in accounting and reports Create accounting program errors Transfer to GL program errors
Best Practices
1. Reconcile R11i and R12 AP Trial Balance for upgraded 2. 3. 4. 5.
6.
period. Include all LIABILITY accounts in Open Account Balances Report Definition. Explore the Control Account feature with Third Party Balances report. Avoid reversing batches (or modifying Journals) in GL, if transferred by SLA. Use Period Close Exception report prior to closing Periods in GL and reconciling to Account Analysis & Trial Balance reports. Use only SLA or GL (not both) to create manual journal entries for subledger transaction corrections.
Receivables Release 12
Intercompany Release 12
Intercompany Reconciliation
Compare the balance of intercompany accounts for a pair of trading partners to see if they match Drill down to General Ledger Balances Drill down to journals in GL, SLA and subledger transactions (invoices, etc.)
Intercompany Periods
Intercompany Periods
You can decide which period to sweep all the open transactions to
Totals of the journals posted in each of the legal entities grouped by source and category
The Payables balance in Vision NO is less than the Receivables balance in Vision SE indicating Payables invoices have not been posted.
Other Resources
Q & A
QUESTIONS ANSWERS