"Control Purchasing Period" in Purchasing
-
It controls ledger entries to the receiving sub-ledger
-
It controls GL period ,posting and journal entries in GL
-
It controls the period end processing in purchasing
-
None of the above
Control Purchasing Period controls period-end processing in purchasing, ensuring no transactions occur in closed periods. Option A is incorrect because it doesn't specifically control receiving sub-ledger entries. Option B is wrong as GL period control is handled by General Ledger, not Purchasing. Option D is incorrect since option C is the accurate answer.
In Oracle E-Business Suite Purchasing, the 'Control Purchasing Periods' window is used to open, close, set to Future, or permanently close purchasing periods. These periods govern when purchasing transactions and, critically, period-end receipt accruals can be created — closing a period stops further accruals for it. In short, it controls period-end processing in Purchasing (option c). It does NOT control 'ledger entries to the receiving sub-ledger' (option a, the DB's marked answer, which is not the window's function), nor is it the GL Open/Close Periods window that controls GL periods, posting and journal entries (option b). The best answer is 'It controls the period end processing in purchasing' (id 642836).