Inventory Period Has A Status Of ''Closed Not Summarized''

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This document is being delivered to you via Oracle Support's Rapid Visibility (RaV) Rapid Visibility (RaV) process, and therefore has not been subject to an independent technical review.
Applies to:
Oracle Inventory Management - Version: 11.5.10
Information in this document applies to any platform.
Goal
How does one close the period for a period status of "Closed not Summarized"?
Solution
The Period Close Reconciliation Report does not currently have any identified
performance issues. In release 11.5.10 we have actually moved the entire
period summarization logic to this report to allow users to run the process
separately (or not at all, if they do not use our summarization feature).
That is why this report is taking a long time, whereas previously the close
process itself was taking this amount of time.

Yes, it is possible to run the program independently. You can run the Period
Close Reconciliation Report at any time just like a normal report. As you
have stated, if it is run on a "Closed not Summarized" period, it will
summarize and the status will go to "Closed" after the report completes. If
it is run on a "Closed" period, it will simply pick up the summary
information previously calculated. If it is run on an open period, it will
run through a simulation of the summarization (can detect any potential
errors before closing for real).

Please note that a "Closed not Summarized" period is treated by Inventory in
exactly the same way as a "Closed" period (transaction entry not allowed). In
addition, the accounting would have already been transferred to GL in both
cases. The only thing different has to do with the availability of summary
information. This information can be queried through the Accounting Periods
form or through the Period Close Reconciliation Report.
NAVIGATION
1. Responsibility: Cost Management
2. Goto View > Requests > Submit New Request > Single Program
3. Enter Period Close Reconciliation Report.
4. Enter the parameters and submit.
References
Note 331074.1 - 11.5.10 Period Close Enhancements

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