General Ledger module

Responsibility: General Ledger

Navigation: Setup > Open/Close

Payables module

Responsibility: Payables SuperUser

Navigation: Accounting > Control Payables Periods

Receivables module

Responsibility: Receiving SuperUser

Navigation: Control > Accounting > Open/Close Periods

Assets module

Responsibility: Asset SuperUser

Navigation: Asset System > Book Controls

On this form the current FA period is shown. In FA the period cannot be opened from a form as in the other modules. The assets have to be depreciated and the period has to be closed from the Depreciation form so that Oracle automatically opens the next period.

Depreciation form

Navigation: Depreciation > Run Depreciation

You can find out about Depreciation in detail in this article.

Inventory module

Responsibility: Inventory SuperUser

Navigation: Accounting Close Cycle > Inventory Accounting Periods

You need to select the Inventory Organization and open the periods individually for each org.

Purchasing module

Responsibility: Purchasing SuperUser

Navigation: Setup > Financials > Accounting > Control Purchasing Periods