r12 accounting setup manager
Post on 23-Feb-2015
287 Views
Preview:
TRANSCRIPT
www.focusthread.com/training Page 1
STEP 1: LEGAL ENTITY
1. Define the Legal Entity: General Ledger: Setup> Financials> Accounting Setup Manager> Accounting Setups
www.focusthread.com/training Page 2
2. Once you come to this window, click on Legal entities tab or Create Accounting (B)
Here I have clicked “Legal entities”
www.focusthread.com/training Page 3
3. Click “ Create Legal Entity”
Enter the details in this window.
www.focusthread.com/training Page 4
4. Enter the details as shown below:
Click on Apply (B)
www.focusthread.com/training Page 5
5. You come to this page
www.focusthread.com/training Page 6
6. Query the details to see the Legal Entity that has been created
www.focusthread.com/training Page 7
STEP 2: CREATING THE ACCOUNTING SETUPS
1. Click on Accounting Setups (Tab)
www.focusthread.com/training Page 8
2. You come to this page:
Click on Create Accounting Setup
www.focusthread.com/training Page 9
3. Legal entity can be created from this page also.
Click Next.
www.focusthread.com/training Page 10
4. You come to this page:
www.focusthread.com/training Page 11
5. Choose the 3 C’s that you have defined earlier and choose an Accounting Method
Add Secondary Ledger
www.focusthread.com/training Page 12
6. Enter the details
Click Next
www.focusthread.com/training Page 13
7. You come to this page
Click Finish if the information is correct.
www.focusthread.com/training Page 14
8. You come to this page
Next step is to define the Accounting Options.
You can define this now, or later.
To define now, click Define Accounting Options.
www.focusthread.com/training Page 15
STEP 3: DEFINE ACCOUNTING OPTIONS
1. You start from this page:
Click on Add Legal Entity
www.focusthread.com/training Page 16
2. Choose the Legal Entity that you have defined earlier
Check the box and click Select.
www.focusthread.com/training Page 17
3. Click Apply when you come to this page:
Click Apply and move to Accounting Options
www.focusthread.com/training Page 18
4. We will move to the Primary Ledger setup.
www.focusthread.com/training Page 19
5. The first step is Ledger Options. So to update these options, check the status, which is In Progress.
To update, click the pencil beside that option.
www.focusthread.com/training Page 20
6. You will come to the 1st step of updating the Ledger: Ledger Definition
Enter the details
www.focusthread.com/training Page 21
7. Update in case you want to make changes:
Click Next
www.focusthread.com/training Page 22
8. The 2nd step is to enter the Ledger Options
www.focusthread.com/training Page 23
9. Enter the account code combinations
Click Next
www.focusthread.com/training Page 24
10. Now we come to the Advanced Options
Check the box against Enable Journal Reconciliation
Click Next
www.focusthread.com/training Page 25
11. In this last step, you can review whatever has been entered and click finish.
www.focusthread.com/training Page 26
12. You will come to this page:
www.focusthread.com/training Page 27
Click Return to Accounting Options
13. You will see that the status for the “Primary Ledger” has changed
www.focusthread.com/training Page 28
www.focusthread.com/training Page 29
14. Now click the pencil under update field of Reporting Currencies
You can add Reporting Currency if you want.
If not, click Complete.
www.focusthread.com/training Page 30
15. The status will change to Complete for this also
Click update against Balancing Segment value assignments
www.focusthread.com/training Page 31
16. Since I am not making any assignment, I am going to click complete
www.focusthread.com/training Page 32
17. The status changes
www.focusthread.com/training Page 33
18. Now we move to Operating Units:
Click Add Operating Unit
www.focusthread.com/training Page 34
19. Enter all the details
Click Apply
www.focusthread.com/training Page 35
20. Once you come back to this page, you can add one more Operating unit
If not, click Complete.
www.focusthread.com/training Page 36
21. Now move to Sequencing
We will assign sequences to all four Sequence Events‐Sequence Entities one by one.
www.focusthread.com/training Page 37
22. You can see the 4 that need to be defined:
www.focusthread.com/training Page 38
23. We can start with the 1st one i.e. GL Period Close‐GL Journal Entry
Click Create.
Click on Assign Sequences.
www.focusthread.com/training Page 39
Once you come to this page
Click Create Sequence
www.focusthread.com/training Page 40
24. Enter the required information and click on Apply.
www.focusthread.com/training Page 41
25. You will get the confirmation , click on Apply
www.focusthread.com/training Page 42
26. Now you follow the same steps for the 2nd one i.e. for GL Period Close‐Subledger Journal Entry
Create
www.focusthread.com/training Page 43
Assign Sequences
Create sequence
Apply
www.focusthread.com/training Page 44
27. Now you follow the same steps for the 3rd one i.e. Posting‐GL Journal Entry
Create
www.focusthread.com/training Page 45
Assign Sequences
www.focusthread.com/training Page 46
Create Sequence
Apply
Apply
www.focusthread.com/training Page 47
Now follow the same process for the last one i.e. Accounting –Subledger Journal Entry
Create
www.focusthread.com/training Page 48
28. Accounting –Subledger Journal Entry
Assign Sequences
Create Sequence
www.focusthread.com/training Page 49
Apply
Apply
www.focusthread.com/training Page 50
Now all four are complete
Now change the status to Complete and click Apply
www.focusthread.com/training Page 51
Click Apply and you will come to this page
The same steps need to be followed for Secondary Ledger.
Click Complete when done.
www.focusthread.com/training Page 52
You will come to this page
Click Yes.
Click on Close Window
www.focusthread.com/training Page 53
Check the Concurrent Request
So it has completed and the status is Normal
top related