Period handling for integration transactions

Infor LN SP1

In Infor LN SP1, you cannot post integration transactions to financial periods that either:

  • Have the Closed status for integration transactions (INT).
  • Do not correspond with the transaction date.

However, if you select the Period Handling Exceptions Allowed check box in the Integration Parameters (tfgld4150s000), session, you can manually enter a request for exception. If the request is approved, you can post the integration transaction to the next open period or to the closed period, provided the GLD period for general ledger transactions is Open.

Because for reconciliation only the fiscal period is considered, the exception requests only apply to fiscal periods. If the reporting period or the tax period is closed, the integration transaction is automatically posted to the next open reporting period or the tax period.

Infor LN FP2
Automatic Closed period handling

In Infor LN FP2, period handling has changed. For each integration document type you can select the action LN performs if a period is closed.

You can select the following closed period handling options:

  • Exception handling
  • Post to next open period
  • Post to current period

In the Integration Parameters (tfgld4150s000) session, you can select the default option. In the new Period Handling by Integration Document Type (tfgld4579m000) Period Handling by Integration Document Type (tfgld4579m000) session, you can select the closed period handling option for individual integration document types.

If you select Exception handling, you can indicate that LN must automatically create an exception request if the period is closed. However, the request must still be manually approved and you must ensure that the GLD period status is Open at the time when you post the integration transaction.

Period type selection

In Infor LN FP2, you can select the period type LN checks to detect whether the period is Open.

You can select the following period types:

  • INT for integration transactions.
  • ACP for accounts payable transactions.
  • ACR for accounts receivable transactions.
  • GLD for general ledger transactions.

For example, if you select ACP then you cannot post an integration transaction if the ACP period is Closed even if the INT period is still Open.

In the Requested Exceptions for Integration Transactions (tfgld4585m000) session, you must enter the fiscal year and period, the reporting year and period, and/or the tax year and period to which the integration transaction must be posted. Only the fields that correspond to a Closed period are enabled.

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