Auditability

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First Release Version: 12.0

Accounting and Reporting Sequencing

Sequential numbering of accounting entries to journals during the posting process is done to ensure that finalized journal entries are properly sequenced. Separately, a sequence number can be assigned to journals when a period is closed to sequence journals for reporting purposes.

Journal Line Reconciliation

The GL Entry Reconciliation feature allows reconciliation of journal lines that should net to zero.

Subledger Accounting

Subledger Accounting is a new feature which enhances the functionality in Oracle General Ledger Applications by defining how journal entries are generated from Subledger transactions at the Subledger Accounting application level. The options are set up for the Primary and Secondary Ledgers only and are entered through the General Ledger's Accounting Setup Manager. A Set of Books in Release 11 is now a Ledger with its own Ledger Set in Release 12. Subledger Accounting creates the accounting like the earlier Release 11i Oracle Accounting Engine created the accounting. (Subledger Accounting)

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• Related: Accounting Setup, Attachments to General Ledger, Auditability, Attachments to General Ledger, Budgetary Accounting, Cash Management, Chart of Accounts, Data Security, e-Business Tax, Encumbrance Accounting, Enterprise Performance Foundation, FinancialConsolidationHUB, Financial Implementation Guide , Global Intercompany, General Ledger Implementation Guide, GlobalConsolidation, Improved Processing Efficiency, Internal Control, Journal Entry, Milti-Currency, Multi-Organization, Oracle Payments, Other Minor General Ledger Features, Subledger Accounting, Federal Financials, Public Sector Financials, Public Sector Budgeting, Oracle Treasury, Oracle Loans, General Ledger Online Inquiries General Ledger Financial Reporting

This Topic Is Referenced By These Topics:
Related Links: AccountingSetup, AttachmentsGeneralLedger, AuditAbility, DataSecurity, FederalFinancials, FinancialImplementationGuide, GeneralLedger, GeneralLedgerImplementationGuide, GeneralLedgerR12iNewFeatures, GLFinancialReporting, GlobalIntercompany, GLOnlineInquiries, InternalControl, JournalEntry, OtherMinorGLFeatures, PublicSectorFinancials, PublishDocControlReport

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Collaborating Authors and Reviewers: BillDaley - 20 Mar 2007