How can I use social networking to effectively close the period?

Use the Social link on the Period Close work area to collaborate with members of your team or others within your company to effectively close the period.

For example, as a controller, you keep Oracle Social Network open from the Period Close page during the period close so you can be aware of any transactions that must be posted for the period.

On the All tab:

You see a conversation that needs your attention.
Your boss, the chief financial officer, started a private conversation with you to announce the close of a deal worth 15,000,000 USD and wants it booked for this period.
You download and listen to a voice message file that the chief financial officer posted sharing details about the delivery of the goods to help you confirm that the revenue can be posted to this period.
You create a new conversation and invite your accounting manager to join, marking it so she knows to reply quickly.
Your accounting manager added you to a conversation for the revenue adjustment journal.
Your accounting manager adds a post to the conversation confirming that the revenue is posted.

You navigate to the Close Monitor page to view the latest financial balances and confirm that the revenue is posted.

Depending on your job role and permissions, you can access social networking features for the following Oracle General Ledger business activities:

Period status
Journal