To open a period without going into the Setup and Maintenance work area you can maintain the
period statuses of ledger from the ___________ work area.
A.
General Ledger Journals
B.
Process Monitoring
C.
Manage Revaluations
D.
Account Monitoring
Explanation:
Manage Allocations and Period Entries is a manual task in the implementation
project. Use the Allocation Manager to create allocations and other formulaic journal templates for
generating periodic journal entries automatically. Base formulas on multiple criteria.
You must perform an external procedure outside the Setup and Maintenance work area to
complete this task. In order to setup your allocations rules, navigate to the Journals work area and
click the Create Allocations Rules task from the Tasks pane. This task navigates you to Allocation
Manager, a framework that enables you define your allocation rules and formulas using a
graphical interface and intuitive step-by-step wizards.
Oracle: Oracle Fusion Applications Financials Implementation Guide, Manage Allocations and
Period Entries
B – Process Monitoring
There are other ways to open the first period or subsequent periods without
going into the Setup and Maintenance work area. You can maintain the ledgers’
period statuses from the:
• Close Status region in the General Accounting Dashboard. The Close
Status region provides real time visibility into the period close process
from your subledgers to your General Ledger across the entire enterprise.
• Manage Accounting Periods task in the Period Close work area.
• Process Monitoring work area, which provides a framework for
launching, monitoring and maintaining processes across Oracle Fusion
Financials.