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Copyright 2007, Oracle. All rights reserved.
Oracle General Ledger Process
R12 Oracle General Ledger Management
Fundamentals
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Copyright 2007, Oracle. All rights reserved.
Objectives
After completing this lesson, you should be able to do
the following:
Identify the steps required to complete the
accounting cycle using Oracle General Ledger. Describe how Oracle General Ledger integrates
with other Oracle eBusiness applications.
Describe the implementation considerations for
setting up and using Oracle General Ledger and
the Oracle eBusiness Suite.
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Oracle General Ledger Overview
Oracle General Ledger
Oracle Financials
Human Resources
Management
ManufacturingCustomer
RelationshipManagement
Projects
Other Subledgers
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General Ledger Overview
Edit
Analyze, Correct,
and Adjust
Review
General Ledger
Record
Other Subledgers
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Functions and Features
Financial Controls
Data Collection
Information Access
Financial Reporting
and Analysis
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General Ledger Accounting Cycle
Consolidate
Revalue/
Translate
Review
Post
Create/Reverse
Journal Entries
Open Period
Run Reports/
Close Period
Review/Correct
Balances
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Critical Implementation Issues
Identify critical implementation issues that affect multiple
business areas:
Shared information
Information flows
Open interfaces
Non-Oracle systems
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Oracle General Ledger Integrates with
Financials
Payables
Receivables
Assets
Purchasing
Projects
Treasury
Property Manager
Lease Management
HRMS
Human Resources
Payroll
Continued
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Oracle General Ledger Integrates with
Manufacturing
Inventory
Work in Process
Labor Distribution
Public Sector
Grants Accounting
Public Sector Budgeting
Public Sector Financials
Federal Financials
Continued
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Also Integrates with
Business Intelligence/Analytic Solutions
Financial Consolidation Hub
Enterprise Planning and Budgeting (EPB)
Oracle Financial Services Applications (OFSA)
Daily Business Intelligence (DBI)
Activity-Based Management (OABM)
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Integrating with Subledgers
Subledgers GL_INTERFACE
PostGL_BALANCES Journals
Journal
Import
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Importing to General Ledger
from Non-Oracle Applications
General Ledger
Journal Import
Other feeder
systems
Web ADI
Budgets
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Overview of Accounting Setup Manager
Central place for defining and maintaining accounting
setup for the following:
Legal Entities
Operating Units
Ledgers (primary and secondary ledgers)
Reporting Currencies
Subledger Accounting
Intercompany and Intracompany Balancing
Sequencing (Accounting and Reporting Sequencing)
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Foreign Currency Concepts
The three key foreign currency concepts in Oracle General
Ledger are:
Conversion
Revaluation
Translation
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Multiple Currency Support
Currency
If difference is
only currency,
Chart of accounts Calendar Accounting
Method
US GAAP
Accrual
Use a Secondary Ledger Use Reporting
Currencies
If one or more of the following are different,
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Budgeting
Oracle General Ledger gives you a variety of tools tocreate, maintain, and track your budgets, including the
ability to upload budget amounts from an Excel
spreadsheet.
January 2002Cost Center 100
Actuals Budgets Variance
Salaries
Supplies
Travel
TOTAL
14,000 15,000 1,000
4,000 3,500 (500)
1,500 1,700 200
19,500 20,200 700
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Overview of Enterprise Planning and Budgeting
(EPB)
Business
process flows
Allocations
rules
Many out of the
box calculations
Exception
alerts
Enhanced
reporting
EPB
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Reporting and Analysis
Oracle General Ledger provides you with a variety of
reporting, consolidating, and analysis capabilities.
Online account and transaction analysis
Standard reports and listings Financial Statement Generator reports
Web ADI Report Manager
Oracle Enterprise Planning and Budgeting
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Standard Reports and Listings
Account Analysis
Chart of Accounts
Currency
Journals
Execution
Budget
Consolidation
General Ledger
Trial Balance
Other
Oracle General Ledger delivers over 70 standard
reports. The following categories provide financial and
non-financial information for General Ledger data.
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Financial Statement
Generator Reports (FSG)
Oracle General Ledger's Financial Statement Generator
(FSG) is a powerful and flexible tool you can use to build
your own custom reports without programming.
Row
Column
Report
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Summary
In this lesson, you should have learned how to:
Identify the steps required to complete the
accounting cycle using Oracle General Ledger.
Describe how Oracle General Ledger integrateswith other Oracle eBusiness applications.
Describe the implementation considerations for
setting up and using Oracle General Ledger and
the Oracle eBusiness Suite.
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