Financial Accounting Date Processing Exceptions
Oracle Projects follows the steps below to determine the appropriate PA and GL dates. These steps describe the process of determining the PA date for cost distribution lines. The same process determines the PA date for revenue and invoices, and the GL date for all transactions.
1. If the PA period in which the expenditure item date falls is Open or Future, Oracle Projects sets the PA Date to the last day of the PA period of the expenditure item date.
2. If the PA period of the expenditure item date is closed, Oracle Projects sets the PA Date to the last date of the next earliest open PA period. (This is particularly applicable to adjustments which are processed after you close the PA period in which the expenditure item date falls.)
3. If the PA period of the expenditure item date is closed and no future periods are open, Oracle Projects will give you an error and the item will not be cost distributed.
