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BR100 General Ledger Complete
BR100 General Ledger Complete
BR100 General Ledger Complete
Date: 07-JUN-2007
Control Number: 1.0
Approvals:
Amith
Amarnath VP-India-247
Document Control
Change Record
Reviewers
Name Position
Sehadri.V
Distribution
Copy No. Name Location
1
2
3
4
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General Ledger Setup Flow
Define Organization
Step 8 - Define Business Organization
Step 9 - Run multi-org conversion
Define Controls
Step 10 - Define Journal Sources
Step 11 - Define Categories
Step 12 - Define a Budget
Step 13 - Define a Budget Organization
Step 14 - Run optimizer Document
Define System Controls
Step 15 - Set Profile Options
Additional Steps
3
Step 1 - Define Value Sets - Segment 1 (Setup-Financials-Flexfields-Validation-Sets)
Date:
Notes: Page 1 of 9
Value Set Used by Name of Flex field, Report, Used by (Flex field Structure, Context, Used by (Segment or Parameter)
Flex builder, Other) Function, Other)
Entity Entity SEGMENT 1
4
Step 1 - Define Value Sets - Segment 2 (Setup-Financials-Flexfields-Validation-Sets)
Date:
Notes: Page 2 of 9
Value Set Used by Name of Flexfield, Report, Used by (Flexfield Structure, Context, Used by (Segment or Parameter)
Flexbuilder, Other) Function, Other)
Natural Accounts Natural Accounts SEGMENT 2
5
Step 1 - Define Value Sets - Segment 3 (Setup-Financials-Flexfields-Validation-Sets)
Date:
Notes: Page 3 of 9
Value Set Used by Name of Flexfield, Report, Used by (Flexfield Structure, Context, Used by (Segment or Parameter)
Flexbuilder, Other) Function, Other)
Program Program SEGMENT 3
6
Step 1 - Define Value Sets - Segment 4 (Setup-Financials-Flexfields-Validation-Sets)
Date:
Notes: Page 4 of 9
Value Set Used by Name of Flexfield, Report, Used by (Flexfield Structure, Context, Used by (Segment or Parameter)
Flexbuilder, Other) Function, Other)
Revenue Origin Revenue Origin SEGMENT 4
7
Step 1 - Define Value Sets - Segment 5 (Setup-Financials-Flexfields-Validation-Sets)
Date:
Notes: Page 5 of 9
Value Set Used by Name of Flexfield, Report, Used by (Flexfield Structure, Context, Used by (Segment or Parameter)
Flexbuilder, Other) Function, Other)
Client Code Client Code SEGMENT 5
8
Step 1 - Define Value Sets - Segment 6 (Setup-Financials-Flexfields-Validation-Sets)
Date:
Notes: Page 6 of 9
Value Set Used by Name of Flexfield, Report, Used by (Flexfield Structure, Context, Used by (Segment or Parameter)
Flexbuilder, Other) Function, Other)
Line Of Business Line Of Business SEGMENT 6
9
Step 1 - Define Value Sets - Segment 7 (Setup-Financials-Flexfields-Validation-Sets)
Date:
Notes: Page 7 of 9
Value Set Used by Name of Flex field, Report, Used by (Flex field Structure, Context, Used by (Segment or Parameter)
Flex builder, Other) Function, Other)
Entity Entity SEGMENT7
10
Step 1 - Define Value Sets - Segment 8 (Setup-Financials-Flexfields-Validation-Sets)
Date:
Notes: Two accounting flex field segments have been reserved for future use. Page 8 of 9
Value Set Used by Name of Flexfield, Report, Used by (Flexfield Structure, Context, Used by (Segment or Parameter)
Flexbuilder, Other) Function, Other)
Spare 1 Spare 1 SEGMENT 8
11
Step 1 - Define Value Sets - Segment 6 (Setup-Financials-Flexfields-Validation-Sets)
Date:
Notes: Two accounting flexfield segments have been reserved for future use. Page 9 of 9
Value Set Used by Name of Flexfield, Report, Used by (Flexfield Structure, Context, Used by (Segment or Parameter)
Flexbuilder, Other) Function, Other)
Spare 2 Spare 2 SEGMENT 9
12
Step 2 - Define Flexfield Structures (Setup-Financials-Flexfields-Key-Segments)
Date: Page 1 of 2
Notes:
Application: Oracle General Ledger Flex field Title:247 Customer Accounting Flex
Title Description View Name Freeze Flex Enabled Seg. Sep. Cross Freeze Allow No.
field Def Val. Seq Roll Dynamic of
Ups Inserts Seg
24 7 CUSTOMER 24 7 CUSTOMER 24 7 CUSTOMER Yes Yes . (Period) No Yes 9
ACCOUNTING_FLEX ACCOUNTING_FLEX ACCOUNTING_F
LEX
13
Step 2 - Define Flex field Structures (Setup-Financials-Flex fields-Key-Segments)
Date: Page 2 of 2
Notes:
Number Name Window Prompt Column Value Set Displayed Enabled Flexfield Qualifier
1 Entity Entity Segment 1 Entity Yes Yes Balancing Segment
2 Natural Accounts Natural Segment 2 Natural Accounts Yes Yes Natural Account
Accounts Segment
3 Program Program Segment 3 Program Yes Yes
6 Line of Business Line of Business Segment 6 Line of Business Yes Yes Cost Center Segment
7 Inter Unit Inter Unit Segment 7 Inter Unit Yes Yes Inter Company Segment
8 Spare 1 Spare 1 Segment 8 Spare 1 Yes Yes
9 Spare 2 Spare 2 Segment 9 Spare 1 Yes Yes
14
Step 3 - Define Period Types (Setup-Calendar-Types)
Process: Business Area: Date:
General Ledger
Description: Use this form to define your accounting period types.
General Ledger provides standard period types Month, Quarter and Year. These period types are used when defining the accounting calendar for your organization.
247 Customer will use the Fiscal Calendar.
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Step 4 - Define Calendar (Setup-Calendar-Accounting)
Required Step
Process: Business Area: Date:
General Ledger
Description: Use this form to define your calendar. You associate a calendar and a period type with each set of books.
Once the first accounting period is opened, prior periods cannot be opened. The General Ledger Super user may open additional future periods when desired or required.
Calendar Zone
Use this zone to specify a name and a description for your calendar.
Name 247 Cust Calendar
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Step 5 - Define Currency (Setup-Currencies-Define)
Process: Business Area: Date:
General Ledger
Description: Use this form to enable currencies and to define non-ISO (International Standards Organization) currencies.
Oracle General Ledger has predefined all International Standards Organization (ISO) currencies used for the precision fields.
24 7 CUSTOMER WILL BE USING USD FOR INITIAL IMPLEMENTATION. THESE WILL NEED TO BE ENABLED.
<Currencies>
Code USD STAT
Symbol $
Standard Precision 2
Extended Precision 5
Minimum
Accountable Unit
Effective Date To
Enabled Yes
17
Step 6 - Define Set Of Books (Setup-Books)
Process: Business Area: Date:
General Ledger
Description: Use this form to define a set of books as well as to define your budgetary control options.
Attention: ENSURE THE ACCOUNTING FLEXFIELD IS SET UP BEFORE ATTEMPTING THIS PROCESS
Calendar 247_Calendar
Future Periods 13
Standard Options
Allow Suspense Posting Yes
18
Transaction Calendar No
EOD No
QATD No
YATD No
Accounts Zone
Accounting Flex field Description
Suspense 001.80001.0000000.001.00000.000.001.000.000
Intercompany Yes
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GL: Define Intercompany/Interfund Accounts
General Ledger>Setup>Accounts>Inter-Company
<Customer Short Name> Process: Business Area: Date:
<Process Name> <Business Area> <Date>
Description: Use this form to define additional Inter-Company Accounts. This form lets you control Oracle General automatic Inter-Company balancing.
<Inter-Company Accounts>
Use this region to define additional Inter-Company Account for each of your journal sources and categories.
Source Category Type (Debit/Credit) Entity Due From Account Due To Account
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Step 7 - Define Journal Entry Sources (Setup-Journal-Sources)
Required Step-247 Customer Provided
FastForward Financial will be using Default Journal Sources
Process: Business Area: Date:
General Ledger
Description: Use this form to define your journal entry sources and specify for a given source whether you want Oracle Journal Ledger to
import journal reference information from your feeder systems.
Journal sources identify the origin of journal entries. General Ledger supplies a number of predefined journal sources. In addition to these predefined sources, at least one journal source
for each non-Oracle feeder systems should be defined to help track imported journal entries.
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Step 8 - Define Journal Entry Categories (Setup-Journal-Categories)
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General Ledger provides the following predefined journal categories:
Name Description
247 Manuals 247 Manuals
Budget Budget
Allocation Allocation
Addition Addition
Adjustment Adjustment
CIP Addition CIP Addition
CIP Adjustment CIP Adjustment
CIP Reclassification CIP Reclassification
CIP Retirement CIP Retirement
CIP Transfer CIP Transfer
Credit Memo Applications Credit Memo Applications
Cross Currency Cross Currency
Credit Memos Credit Memos
Depreciation Depreciation
Depreciation Adjustment Depreciation Adjustment
Masc. Receipts Masc. Receipts
Payments Payments
Purchase Invoices Purchase Invoices
Reclass Reclass
Retirement Retirement
Revaluation Revaluation
Revalue Profit/Loss Revalue Profit/Loss
Trade Receipts Trade Receipts
Transfer Transfer
Credit Memos Credit Memos
Deferred Depreciation Deferred Depreciation
Credit Memo Applica Credit Memo Applica
Addition Addition
Adjustment Adjustment
CIP Addition CIP Addition
CIP Adjustment CIP Adjustment
CIP Reclassification CIP Reclassification
CIP Retirement CIP Retirement
CIP Transfer CIP Transfer
Credit Memo Applications Credit Memo Applications
Cross Currency Cross Currency
Credit Memos Credit Memos
Depreciation Depreciation
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Step 12 - Update System Profile Option (In Systems Administration module: Profile-System)
Required Step
24
Open And Close Periods (Setup-Open/Close)
Encumbrance Year
Latest Open 2006
25
26
Open and Closed Issues for this Deliverable
Open Issues
ID Issue Resolution Responsibility Target Date Impact Date
1 Budgets
Closed Issues
ID Issue Resolution Responsibility Target Date Impact Date
27
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