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WELCOME

ORACLE E-BUSINESS SUITE FINANCIALS R12

TRAINING

Sep 11thSep 16th

Sep 18thSep 23rd

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Overview of Oracle Applications R12

General Ledger Accounting setup manager

Using accounting setup manager

Basic Journal entries

Summary of accounts

Advanced Journal entries

Advanced security

Financial Budgeting

Multi-currency

Global Consolidation System

Global Intercompany System

Period close

Financial Reporting

TOPICS

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Process Change

Due to the impact of the SubledgerAccounting Architecture the close processhas changed between Release 11i andRelease 12.

In Release 11i the transactions anddistributions represented the accounting .

In Release 12 however, distributions on

transactions in subledgers are considered tobe the default accounting.

In Release 11i, when you close your periodsin each of the subledgers, Oracle GeneralLedger will automatically create thebalancing lines for journals posted toGeneral Ledger.

This changes in Release 12 as subledgeraccounting creates the balancing lines at thetime you account for the subledgertransactions.

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Pre-requisite Checks SLA Close process

Complete transactions

Create accounting

Reconcile transactions

Post to General Ledger

Reconcile accounting Close period

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Period End Close Dependencies

PO

INV

FAAP

GL

XTRCE

PA

OM AR

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