G

General Ledger A record of a business entity's accounts. Contains the accounts that make up the entity's financial statements. Journal entries, in Oracle General Ledger or subledger applications, update account balances.

GL Date The date, referenced from Oracle General Ledger, used to determine the correct accounting period for your transactions.

Governmental Funds A type of fund whose objective is to provide services to the public. Governmental funds are concerned with the availability of resources to provide services. Examples of governmental funds are General, Special Revenue, Capital Projects, and Debt Service.

Grant Assistance awards in which a government agency provides funding to another government agency or other recipient, and in which the granting agency does not have substantial involvement with the receiving agency or recipient during the performance of the grant activity. For example, a state government might give grants to regional and local governments for various purposes. The regional and local governments administer the grant for the state government.

H

Hazard Class A category of hazardous materials. Most hazardous materials belong to only one hazard class. Some materials belong to more than one hazard class and some materials do not belong to any. If a material belongs to more than one hazard class, you should list these classes in a specific order.

Hierarchical Relationship A relationship in which a party is ranked above the other. The rank is determined by the role that they are taking in a relationship.

Historical Exchange Rate A weighted-average rate for transactions that occur at different times. Oracle General Ledger uses historical rates to translate owner's equity accounts in accordance with FASB 52 (U.S.) . For companies in highly inflationary economies, General Ledger uses historical rates to remeasure specific historical account balances, according to FASB 8.

HP Notation Mathematical logic upon which EasyCalc? is based. HP Notation is used by Hewlett-Packard calculators. HP Notation emphasizes straightforward, logical entry of data, and de-emphasizes complicated parenthetical arrangements of data.

-- DianeMcHugh - 20 Jun 2007