RE: JBA - INVENTORY MANAGEMENT : PERIOD END CONTROL -- SYSTEM21

I would never suggest holding a current invoice to post in the next period... Much diligence is exercised by our A/R people to finalize all current billing prior to the Inventory month end close.

Our situation is slightly different than most since we do our invoicing in another package called Future 3 and the date and period stamped on our invoices that feed from F3 ---> JBA SOP via the Interface are taken directly from the Inventory Calendar... So that provides our cutoff point... As soon as the last invoice from the current period is sent through the interface into OEP65, OEP70 and OEP50 it is OK to close the Inventory Period...

Suspending A/R postings in our situation is merely to allow us to finalize our reporting and balancing and give us an accurate snapshot of the Customer Balances Outstanding at the moment of closing...

I do believe that the system is robust enough to place any A/R postings into the correct period, we simply choose not to do any postings until the next period is actually opened in A/R... Not because we have to but because we want to...

----Original Message Follows----
From: DAhKow@xxxxxxxxxxxxx
Reply-To: System 21 Users <system21@xxxxxxxxxxxx>
To: System 21 Users <system21@xxxxxxxxxxxx>
Subject: RE: [SYSTEM21] JBA - INVENTORY MANAGEMENT : PERIOD END CONTROL
Date: Tue, 9 Dec 2003 09:38:20 +0400

"And further that all A/R transactions are based on the Inventory
Calendar..."

Is it not that the period of the A/R transaction will be determined by the
current open AR period? Consider the case of an SOP sales order input in,
say, period 03/12, invoiced in 03/12, but posting to AR delayed, until
period 03/12 has been closed, 03 year end completed and 04/01 opened. It
seems to me, based on a few similar cases that happened in the past on our
box, the AR posting will bear a period of 04/01.

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