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Define PA periods in the calendar associated with your GL Set of Books. PA periods are automatically copied from the GL Set of Books calendar according to the PA period type you set up in the Oracle Projects Implementation Options. Additional PA periods can be copied by pressing the Copy From GL button in the PA Periods window. See: Adding Periods to a Calendar Set up implementation options. See: Implementation Options.
To define PA periods:Suggestion: Define your PA periods for a full year when you implement Oracle Projects. Keep the number of Future or Open periods to a minimum to improve system performance on costing and revenue accrual.
| Fremont Corporation tracks all project accounting data weekly. Since Fremont begins their expenditure week on a Monday, they also start their PA periods on a Monday. Fremont's implementation team defines weekly PA periods for a full year. They assign the first two periods as having a status of Open, the next two with a status of Future, and all other future periods as Never Opened. |
Changing the Status of a PA Period
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