Journal source and categories:

Import journal references: required when you want to go for drilldown functionality for the journals of
this source.
Journal source and categories

Journal source and categories is used to differentiate journal entries and to enhance your audit
trail.

Journal entry source indicates where your journal entries originate

Journal categories help you differentiate entries by purchase or type.

Examples for Sources:

Assets
Purchasing
Payables
Manual
Budget …...Etc.
Examples For Categories:
Accruals
Adjustment
Receipts
Revaluation
Payments..Etc..

Oracle applications provided required source and categories with default. But you can define
with your sauce and categories by using the following navigation:
GL:Setup->Journal->Source
Setup->journal-.Categories

With Journal Source you can:

Define inter company and suspense accounts for specific sources.

Run auto post program for specific source
Import journals by source
Freeze journals imported from sub ledgers to prevent users from making changes.
If you have journal approval enabled for your set of books, you can use journal source to enforce
management approval of journal before they are posted.

With Journal Categories you can:

Define inter company and suspense accounts for specific category.

Use document sequence to sequentially number journals by categories.

Examples of journal categories.

Accrual Month End Accrual Entry

Adjustment Adjusting Journal Entry
Allocation Allocation
Budget Budget
Credit Memos Credit Memos
Debit Memos Debit Memos
Depreciation Fixed Asset Depreciation
Discounts Discounts
Payments Cash Disbursements
Freight Shipping Charges