Oracle R12 General Ledger

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Agenda

• Process Overview • Integration with Modules • Key Functionality  Accounting Set Up Manager  Journals  Consolidation, Translation, Revaluation

• Security • Open Interface • Reports

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R12 General Ledger

PROCESS OVERVIEW

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General Ledger Process Open /Close periods

Account Analysis & Reports

Consolidate / Translate/ Revalue

Originating in GL General Ledger Process

Journal Entries

Sub Modules

Review & Correct JE’s

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R12 General Ledger

INTEGRATION WITH MODULES

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Integration

Payables

Receivables

Assets

Inventory

Sub Ledger Accounting

General Ledger

Payroll

Projects

Cash Management

Purchasing

Treasury

Manufacturing

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R12 General Ledger

KEY FUNCTIONALITY :ACCOUNTING SET UP MANAGER (ASM) 7

Accounting Setup Manager

Legal Entities

Ledgers

Operating Units

Accounting Setup Manager Reporting Currencies

Subledger Accounting

Inter & Intra Company Accounting

Accounting & Reporting Sequences 8

Accounting Setup Manager Concepts Primary Ledgers Main, record-keeping ledger  Defined by 4Cs: 

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Chart of accounts › Accounting calendar › Primary currency › Sub ledger Accounting Method

Secondary Ledgers Optional, additional accounting representations of your primary ledger  Can differ in one or more of the following from the primary ledger: 

›

Chart of accounts › Accounting calendar › Primary currency › Subledger Accounting Method

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Accounting Setup Manager Concepts Maintaining Multiple Accounting Representations with Secondary Ledgers Legal Entity

Accounting

Corporate Ledger (Primary Ledger)

Local Statutory Ledger (Secondary Ledger)

SLA

SLA

Subledger Transactions Transaction

AP

AR

FA

Other Subledgers

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Accounting Setup Manager Concepts Maintaining Multiple Accounting Representations with Secondary Ledgers Legal Entity

Accounting

Corporate Ledger (Primary Ledger)

Local Statutory Ledger (Secondary Ledger)

SLA

SLA

Subledger Transactions Transaction

AP

AR

FA

Other Subledgers

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Accounting Setup Manager Concepts – Reporting Currency If one or more of the following are different,

If difference is only currency,

US GAAP Accrual

Corporate Chart of accounts

Monthly Calendar

Use a Secondary Ledger

Accounting Method

Currency

Use Reporting Currencies

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Accounting Setup Manager

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Accounting Setup Manager

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Accounting Setup Manager

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Accounting Setup Manager

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Accounting Setup Manager

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Accounting Setup Manager

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Accounting Setup Manager

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Ledger Set  

Grouping of ledgers with the same chart of accounts and calendar/period type combination Essentially treats multiple ledgers as one

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R12 General Ledger

KEY FUNCTIONALITY :JOURNAL 21

Types of Journals • Manual Journals • Imported Journals

• Recurring Journals • Mass Allocation

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Manual Journals

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Recurring Journals

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Recurring Journal

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Mass Allocation Journals

1/3 1/3

1/3 Dept3 Dept2

Dept1

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Mass Allocation Journal

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R12 General Ledger

KEY FUNCTIONALITY :CONSOLIDATION, TRANSLATION & EVALUATION 28

Consolidation Subsidiary 1 Set of Books

Subsidiary 2 Set of Books

Subsidiary 3 Set of Books

CONSOLIDATE

Parent Set of Books

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Translation • Translation and re-measurement • • • •

methods Period average and end rates historical rates Period to date and year to date modes Translation method

Functional Currency

KWD

KWD

KWD

TRANSLATE

USD

USD

USD

Foreign Currency 30

Revaluation converts to USD

KWD

Foreign currency

Functional currency

REVALUE

converts to USD Foreign currency

KWD Functional currency

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R12 General Ledger

SECURITY

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Security CROSS VALIDATION RULE

Cross validation rules prevent the combination of certain segment values in the chart of accounts.

SEGMENT SECURITY RULE Security gives you the capability to restrict the set of values a user can use during data entry

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Security DEFINITION ACCESS SET

DATA ACCESS SET

• Control access to setup/reference independently of data security • Enable setup sharing across ledgers and ledger sets • Enable setup autonomy within multilegal entity ledgers • Set up view, modify, and usage privileges

Access multiple legal entities and ledgers from a single GL responsibility

CONTROL ACCOUNTS

• • • • • • • • •

Accounting Calendars Auto Allocations AutoPost Criteria Sets Auto Reversal Criteria Sets Budget Formulas Budget Organizations Chart of Accounts Mappings Consolidation Definitions Consolidation Sets

• • • • • • • •

Elimination Sets FSG Reports and components Mass Allocation Mass Budgets Rate Types Recurring Journals Revaluations Transaction Calendars

Restrict the usage of Control Accounts in manual Journal Entry

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R12 General Ledger

OPEN INTERFACE

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Open Interface GL_INTERFACE

GL_DAILY_RATES_INTERFACE

GL_BUDGET_INTERFACE

To Import Journal lines from peripheral systems and Oracle Sub ledgers

To Import Currency Exchange Rates from external sources

To Import Budget Journals from external sources

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R12 General Ledger

REPORTS

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Reports • • • • • • •

Financial Statement Generator Account Analysis Accounting Set Up Manager Post-Update Diagnosis Report Consolidation Journals Report Journals Day Book Trail Balance Import Journals

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Financial Statement Generator FSG Reports

Rows

Income Company statement

columns column set

PTD Sales Returns Net Sales

Row Set A

YTD

3000

6200

1000

1200

2000 5000

Balance Sheet

column set Row Set B

Cash Investments receivables

YTD

Last Y

3000

4200

1000

2200

3000 2000 39

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