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R12 Changes : General LedgerAccounting Set up ManagerNew feature that streamlines the setup and implementation of Oracle Financials applicationLegal entitiesLedger Primary and secondaryOperating Units (assigned to Primary ledgers)Reporting CurrenciesSubledger Accounting optionsIntercompany accounts and Balancing rulesAccounting and reporting Sequencing

Subledger Accounting (SLA)GL is integrated with SLA to enable a unified process to account for subledgers transactions and post data to GL. SLA offers the ability to create multiple accounting representation for the same subledger transaction each to be stored in a different sub-ledger

Classification: GE-GENPACT InternalR12 New FeaturesLedger defined in Oracle General Ledger, one or more legal or business entities that share a common chart of accounts, calendar, currency, and accounting method. Ledgers replace set of books in Release 12.0.

Release 12Ledger ( SOB in 11i) Classification: GE-GENPACT InternalR12 New Features 4Cs Additional C : Accounting methodRelease 12The difference between 11i and R12

Subledger Accounting (SLA) Allows multiple accounting representations for a single event.

Classification: Genpact InternalR12 New FeaturesMOAC (Multi Org Access) Allows user to access, process, and report on data for an multiple operating units within a single applications responsibility.

Release 12Create Orders across multiple Operating UnitsClassification: Genpact InternalR12 New FeaturesTrading Community ArchitectureRelease 12

LEOU AOU BOU CProjects

ReceivablesPayablesInventory

Work in ProcessPurchasingE-Business Suite

Assets

Bank account is now associated with LE entity rather than Operating UnitSingle bank account serves multiple Operating UnitsAny and all Operating Units associated with a ledger can be permitted to use the bank accountClassification: GE-GENPACT InternalClassification: Genpact Internal

Classification: Genpact InternalR12 New FeaturesAccounting Setup Manager a central location to define your accounting-related setup across all financial applications.Release 12Classification: Genpact InternalR12 New FeaturesAccount Analysis and Drilldown a new web-based interface that allows you to easily review and analyze your general ledger financial data.Release 12 Enhancement