Oracle Account Reconciliation: Including Prior Period Transactions and Attachments in Prepaid Expenses Reconciliation

Include Prior Period Transactions and Attachments in Prepaid Expenses Reconciliation

Question

In the Balance Explanations tab of the Prepaid Expenses reconciliation, you want to include the transactions and attachments from the prior period in the current period.

Which action should you perform?

Answers

Explanations

Click on the arrows to vote for the correct answer

A. B. C. D.

B.

In order to include transactions and attachments from the prior period in the current period in the Balance Explanations tab of the Prepaid Expenses reconciliation, the correct action to perform depends on the available options and the desired outcome.

A. In the Balance Explanations tab of the current period reconciliation, select "Copy Transactions from Prior Reconciliation". This option allows you to copy transactions from the prior period reconciliation to the current period reconciliation. This option is appropriate if you only want to include transactions from the prior period, and not the entire reconciliation.

B. In the profile for Prepaid Expenses reconciliations, select "Include Prior Period Transactions". This option allows you to include transactions from the prior period in all Prepaid Expenses reconciliations. This option is appropriate if you want to include transactions from the prior period in all reconciliations, not just the current period.

C. In the Reconciliations list, copy the reconciliation from the prior period and paste it into the current period. This option allows you to copy the entire reconciliation from the prior period and paste it into the current period. This option is appropriate if you want to include all transactions and attachments from the prior period in the current period, not just selected transactions.

D. Export the transactions from the prior period reconciliation and then import them to the current period reconciliation. This option allows you to export the transactions from the prior period reconciliation and then import them into the current period reconciliation. This option is appropriate if you want to select specific transactions from the prior period and import them into the current period.

In summary, option C is the best solution if you want to include all transactions and attachments from the prior period in the current period, option A is best if you only want to include selected transactions from the prior period, option B is best if you want to include transactions from the prior period in all reconciliations, and option D is best if you want to select specific transactions from the prior period and import them into the current period.