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Oracle

1Z0-333 · Question #49

You want to prevent intercompany transactions from being entered during the last day of the close. What should you do?

The correct answer is B. Close Intercompany periods in Fusion Intercompany. The opening and closing of these intercompany periods by transaction type will control whether users can enter transactions for a specific intercompany period and intercompany transaction

Intercompany Processing

Question

You want to prevent intercompany transactions from being entered during the last day of the close. What should you do?

Options

  • AClose all subledger periods.
  • BClose Intercompany periods in Fusion Intercompany.
  • CFreeze the Intercompany Journal source in General Ledger.
  • DClose the General Ledger period in the Manage Accounting Periods page.

How the community answered

(36 responses)
  • A
    14% (5)
  • B
    78% (28)
  • C
    3% (1)
  • D
    6% (2)

Explanation

The opening and closing of these intercompany periods by transaction type will control whether users can enter transactions for a specific intercompany period and intercompany transaction

Topics

#intercompany periods#period close prevention#Fusion Intercompany#close controls

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