How can I set up project accounting periods that are different from accounting periods?

Complete these tasks to set up project accounting periods that are different from accounting periods.

• Set up the accounting calendar and manage the accounting period statuses in Oracle Fusion General Ledger.

• During project business unit implementation, specify the project accounting calendar for each business unit.

  • Verify that the option to maintain common accounting and project accounting periods is not selected.

• Copy the accounting calendar into the project accounting period table, which copies the period start and end dates.

• Manage the period statuses for project accounting periods.