Other Minor General Ledger Features

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First Release Version: 12.0

Entered Currency Reporting and Analysis

Oracle General Ledger tracks the balances that are entered in the ledger’s primary currency, further enabling currency analysis on amounts for the purposes of currency valuation and hedging.

Foreign Currency Recurring Journals

Recurring Journals create recurring pre-defined foreign currency journals.

Intercompany Balancing Support for Encumbrances

Intercompany encumbrance journals are automatically balanced during journal posting.

New iSetup API's

Oracle General Ledger adds the following API's for creating setup data and definitions:

• Ledger Sets
• Data Access Sets

Integration with Subledger Accounting

Oracle Subledger Accounting (SL)is a tool that allows entities to meet multi-GAAP, corporate, and fiscal accounting requirements. The tool Accounting Methods Builder can construct the accounts, lines, descriptions, summarization, dates of journal entries, and add detailed transaction information to journal headers and lines.

The Oracle General Ledger's integration with Subledger Accounting provides a unified process to post data to the general ledger from Oracle subledgers and external feeder systems. The Subledger Accounting functionality provides a consistent view of the data when analyzing the information from general ledger balances to subledger transactions.

The Accounting Methods Builder (AMB) functionality creates and modifies Subledger Journal Line setups and Application Accounting Definitions. These Application Accounting Definitions define the journal entries that enable an organization to meet specific fiscal, regulatory, and analytical requirements. These definitions are then grouped into Subledger Accounting Methods and assigned collectively to a ledger. (Accounting Methods Builder)

Enhanced Intercompany

The Global Intercompany System (GIS) feature is incorporated into the Oracle Advanced Intercompany System product (Global Intercompany).

Account Analysis and Drilldown

Account Analysis & Drilldown is a new web-based interface with drilldown capabilities to review and analyze general ledger financial data. The display can control the view of data by choosing from various layouts, specifying various sort criteria, or defining filters. The search criteria can be saved for future use.

Note: This feature was first released in Oracle Financials Family Pack G.

GL Standard Reports Integration With XML Publisher

Oracle General Ledger's Account Analysis, General Journals and Trial Balance standard reports are now integrated with XML Publisher.

Note: This feature was first released in Oracle Financials Family Pack G.

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Links

• Related: Accounting Setup, Accounting Methods Builder, 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, AuditAbility, DataSecurity, FederalFinancials, FinancialImplementationGuide, GeneralLedger, GeneralLedgerImplementationGuide, GeneralLedgerR12iNewFeatures, GLFinancialReporting, GlobalIntercompany, GLOnlineInquiries, InternalControl, JournalEntry, OtherMinorGLFeatures, PublicSectorFinancials, PublishDocControlReport

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Original Author: BillDaley - 14 Mar 2007