Processing Options for Nonbusiness Days

You can use two methods to control transaction processing when effective dates fall on nonbusiness days.

• By User: The Enter Journal for Non-Business Day Transactions privilege is assigned by default to both of the predefined General Accounting Manager and General Accountant roles. It controls whether the application allows transactions to be posted on nonbusiness days for manually entered journals.

• By Source: You can specify an Accounting Date Rule for each journal source when average balance processing is enabled. You can select one of the following three options, which tell the application how to handle transactions whose effective dates are nonbusiness days:

  • Leave Alone: Accept transaction dates and complete posting.

  • Fail: Reject transactions and don't post.

  • Roll Date: Roll transactions to the previous valid business day within the same period, and complete posting.

    Note: The roll date can't cross periods to find a valid business day. This example illustrates what happens when the effective date is close to a period boundary. If April third is a Monday and a transaction has an effective date of April second (Sunday), then the effective date is rolled to April third (Monday), not to March thirty-first (Friday).

    Use this method to control nonbusiness day processing of automated journals from your subledger applications, such as Oracle Fusion Receivables and Oracle Fusion Payables.