Different Scenarios that Require a Calendar Change – Including the Indian Statutory Calendar Change
Date: Tuesday, November 7, 2017
Time: 11:00 am – 12:00 pm Eastern
Companies using Oracle® E-Business Suite might face a situation where the business may require the accounting calendar setup to be changed as a result of being acquired, or complying with a statutory requirement. For example, companies operating in India received a mandate that their calendar must change from an April to March fiscal year to January to December. This change may take place as early as 2018. Companies who have been acquired may find that they need to match their new parent company’s calendar for their financial reporting. In another scenario, a company that is going from public to private would need to have a short calendar year so that their financials reflect the change in ownership mid-year.
Requirements would include changing the calendar structure from a monthly calendar to a 4-4-5 calendar or vice versa; changing the year from a calendar year (Jan-Dec) to the company’s fiscal year (Apr-Mar, Jul-Jun, Oct-Sep, etc.) or from a fiscal year to a calendar year; closing the year as of acquisition date and starting the operations under the acquirer company as of a certain period/date; changing the calendar period’s start or end dates or period names; or possibly adding new adjustment periods that were not defined earlier. This webinar with Raj Malekop from eprentise will explore different change scenarios and provide recommendations on how to handle these requirements.
Learning Objectives: After completion of this program you will be able to:
Objective 1: Recognize and assess different business needs that may affect your Oracle EBS Accounting Calendar setup.
Objective 2: Understand the types of structural changes required for the Accounting Calendar already in use in Oracle EBS.
Objective 3: Explore the impact of an accounting calendar change in different EBS modules.
6052 Turkey Lake Road, Suite 202
Orlando, FL 32819
CPE Programs Administrator – Julissa Gonzalez
Recommended CPE 1 hr (based on a 50 minute hour)
Specialized Knowledge & Applications (Technical Business)Program Level:BeginnerPrerequisites:General understanding of Oracle E-Business Suite Financials ModulePreparation:No advance preparation required.Delivery Method:Group-InternetCost:FreeSpeaker:
Raj MalekopContact Information: