Fusion GLTraining Guide

Implementing Enterprise Structures and
General Ledger
Prepared By: Mahesh Satha
Creation Date: Feb-09-2021
Last Updated:
Document Ref:
Version: 1.0
Approvals:
<Approver 1> Ahmed Mokhtar Mohamed

AMokhtar@agility.com
<Approver 2> Mohammad Anwar Ibrahim

MAnwarIbrahim@agility.com
Document Control
Change Record
Date Author Version Change Reference
09-Feb-2021 Mahesh Satha 1.0
Reviewer
Name Position
Ahmed Mokhtar Mohamed Asst. Manager - ERP Implementation
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Contents
Document Control ii
Oracle Fusion General Ledger Financial Structures: 4

Application Setup Control Sheet – Oracle Fusion Financials 5
Define Chart of Accounts instance. 21
COA Structure and COA Structure Instance-Concept: 21

Define Segment Values. 29
Define Identifying Jurisdiction. 42
Manage Legal Jurisdictions 42

Define Legal Address 44
Define Ledger 47
Define Account Code Combinations. 51
Assign BSV to Legal Entities. 55
Review and Submit Accounting Configuration. 57
Open periods in GIL-PH-PL-4510. 59
Setup Business Locations. 61
Setup Business Unit. 63
Define Inventory Organizations. 67
Manage Workday Patterns 70
Manage Schedules: 71
Manage Schedule Exceptions 72

Define Sub inventories 75
Entering Manual Journals in Oracle Fusion 77
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Oracle Fusion General Ledger Financial Structures:
 Chart of Accounts
 Value Sets
 Chart of Accounts Structures and Instances
 Flex field Deployment
 General Ledger Security
 Cross-Validation Rules
 Related Value Sets
 Account Hierarchies
 Account Combinations
 Accounting Calendars
 Currencies
 Conversion Rate Types
 Daily Rates
Step 1 - Chart of Accounts:
A- Create Value Sets for COA

B- Create Chart of Accounts Structures
C- Create Chart of Accounts Instances
D- Create Value Set Values (This is needed to setup mandatory retained earning account in
ledger options later)
Step 2 - Create Accounting Calendars
Step 3 - Create/setup Currencies
Step 4 - Create Legal Entity
Step 5 - Create Primary Ledger
Step 6 - Assign Legal entity to Primary Ledger
Step 7 - Final step is locate the Review and Submit Accounting Configuration task in the primary ledger
task list, then click the Go to Task icon.
Once on the review page, click the Submit button to process and finalize your accounting
Configuration.
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Application Setup Control Sheet – Oracle Fusion Financials
Please log into Fusion Applications below is the Instance URL,
https://ejns-dev1.fa.us6.oraclecloud.com/
After logging into the application, ensure your user name has been granted a role “Application Implementation
Consultant role” since the fusion application is a role based application.
Just input your user name and password and sign in, after logging into the application, the following screen will
appears.

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The Minimum Steps for Financial Enterprise Structures and General Ledger Setup:
Setup and Maintenance Overview:

The Setup and Maintenance work area is a centralized interface for managing, configuring and maintaining setup
objects and components across Fusion Applications. You can access the Setup and Maintenance work area from
the Navigator menu, under the Tools heading.
To begin implementing your enterprise structures, you must create a new implementation project by following the
steps below:
Go to Setup and Maintenance and the below screen will appear, there is a radio which is highlighted in red color
please click and view the next scree.

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Upon clicking radio button you can view below screen, there you can find Manage Implementation Projects
highlighted in red color, Click the Manage Implementation Projects task from the Tasks pane
Upon above action, the following screen would appear wherein you have to create a project for your implementation.
Note: In Fusion Applications, Defining Project is the very first setup wherein all the modules to be implemented and
grouped under the project.
Click the Create action under the Actions menu of the Search Results table

On the first screen of the creation flow, specify the implementation project’s basic information.

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On the first screen of the creation flow, specify the implementation project’s basic information.
On the first screen of the creation flow, specify the implementation project’s basic information
1. On the second screen of the creation flow, mark the Include check box for the Financials offering.

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Click the Save and Open Project button to save and open your implementation project.
Chart of Accounts:

All chart of accounts related tasks can be found under the Define Chart of Accounts parent task in the
following hierarchical task list:
- Define Common Applications Configuration for Financials
- Define Enterprise Structures for Financials
- Define Financial-Reporting Structures
- Define Chart of Accounts
In order to create and use your chart of accounts, follow the step-by-step diagram in Figure 1 to streamline your
implementation as much as possible.

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Figure 1: Flow for COA implementation
The chart of accounts implementation flow may be summarized as follows:
1- Create your value sets. A value set can be shared by different charts of accounts, or across different segments
of the same chart of accounts.
2- Create your chart of accounts structure. In Fusion General Ledger, the chart of accounts model is framed
around the concept of a chart of accounts structure, under which one or more chart of accounts structure instances
can be created. A chart of accounts structure defines the key attributes for your chart of accounts, such as the
number of segments, the segment sequences, the segment names, segment prompts, segment labels (e.g. natural
account, primary balancing) and default value set. A chart of accounts structure can be shared across different chart
of accounts structure instances. In Fusion General Ledger, organizations may use up to 3 balancing segments in
their chart of accounts structures: primary balancing segment (required) second and third balancing segments
(optional).
Note: Chart of accounts structure needs at least two mandatory segments: (1) Balancing Segment (2) Natural
Account.
3- Create your chart of accounts structure instance. This is your chart of accounts that will be used and
exposed in user interfaces and processes. In what follows, we will refer to chart of accounts structure instance as
merely Chart of Accounts (COA). By default, a COA inherits all the attributes of the COA structure, meaning that all
instances of the same structure share a common shape, and have the very same segments and in the same order.
However, at the COA instance level, you may override the default value set assignments for your segments, and
assign a unique account hierarchy that determines the parent/child relationships between the value set values. At
the COA instance level, organizations can determine if they wish to allow dynamic insertion where new account
combinations can be dynamically generated instead of having to be pre-created.
4- Create your value set values, both detail and parent values, for each of your COA segments.
Value Sets:
To create a new value set, or maintain existing value sets, navigate to the Manage Chart of Accounts Value
Sets task from within your implementation project, and then click the Go to Task icon. This task can be found in
the following hierarchy:
Define Common Applications Configuration for Financials

- Define Financial Reporting Structures
* Define Chart of Accounts
* Manage Chart of Accounts Value Sets

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To begin creating your value set, use the following steps:
1- Click the Define Chart of Accounts; you will be redirected to the Manage Chart of Accounts Value sets
2- Hit on ‘Define Financial Reporting Structure’

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Hit on ‘Define ‘Manage Chart of Accounts Value Sets’
2- Specify a unique Value Set Code, and an optional Description.

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3- Pick the General Ledger value for the Module field.
4- Depending on your value set needs, choose the remaining options accordingly.
5- Click Save and Close to navigate back to the value sets landing page.
6- Repeat the above steps for every value set you would like to create.
Entity Value Set:
Branch Value set:

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Product Value set:

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Department Value Set
Account Value Set:

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Project Value set:
Future1 Value set:

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Future 2 Value set:
Screen-shot showing list of value sets created before COA creation:

Chart of Accounts Structures
To create a new COA structure, or maintain existing COA structures, navigate to the Manage Chart of Accounts task from
within your implementation project, and then click the Go to Task icon. This task can be found in the following hierarchy:
* Manage Chart of Accounts
To begin creating your COA structure, use the following steps:
1- You will be landing on the Manage Key Flex field’s page, and the General Ledger Accounting Flex field will be defaulted in
the Search Results table. Click the Manage Structures button on the toolbar to begin defining your COA structure. You will get
redirected to the Manage Key Flex field Structures page.
2- Click the Create icon on the toolbar of the Search Results table. You will be redirected to the Create Key Flex field
Structure page.
3- Specify a unique Structure Code and Name, and provide an optional Description.
4- Specify a Delimiter that will be used to visually separate your segment values.
5- Click the Save button to save your COA structure definition and begin defining the constituting segments.
6- To create a new segment, click the Create icon on the toolbar of the Search Results table. You will be redirected to
the Create Key Flex field Segment page.
a. Specify all the required parameters and assign your segment a Default Value Set Code. Choose an optional Segment
Label (also known as segment qualifier in R12) for your segment to indicate its purpose within your chart of accounts. Note that
only 2 segment labels are required for your COA structure: primary balancing segment and natural account segment. These labels
may not be shared with each other or with any other label for the same segment.
b. Click Save and Close to save your segment definition and define additional segments for your COA structure.
7- After defining all of your COA structure segments, click Save and Close to navigate back to the COA structures landing page.
8- Repeat the aforementioned steps for every COA structure you would like to define.

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Define Chart of Account Structure:
 Hit on ‘Define Chart of Accounts’

 Hit on ‘Define ‘Manage Chart of Accounts Structure’
Since the ‘Manage Chart Structure’ button is grayed out.

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Module: General Ledger and click the Search Button.
Now, the Manage Structure’ button is enable. Please hit that
 Hit on ‘Create’ Icon as circled in below page

 GIL Global Accounting Flex field.

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 Enter Structure code – GIL Global Acctng Flexfield
 Enter Name – GIL Global Acctng Flexfield
 Enter Description – GIL Global Acctng Flexfield
 Choose Delimiter as ‘-‘

 Now your accounting structures with 9 segments have been created.
 Hit on ‘Save & Close ‘ button and keep hitting on ‘done’ button until you get ‘Tasks’ page.

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Define Chart of Accounts instance.
COA Structure and COA Structure Instance-Concept:
People usually confused about COA Structure and COA Structure Instance in Oracle fusion. Chart of
Account structure (COA) is not new to people who have already worked in Oracle EBS. However, in Oracle
fusion there is a new term called COA Structure Instance .In Oracle fusion ERP COA Structure instance is
very important from reporting point of view.
Let us try to understand the significance of both.
Chart of account is called accounting flex field and is used for financial reporting of a organization. In chart
of account, you have to define your segment. Segments are different dimensions of a Business. They
capture the different element of a business for financial reporting purpose. For example Company,
Accounts, cost center, Product line etc. capture the financial position of a company with different reporting
tools.
In each segment of Chart of Account, you have to mention two important things- Segment level and Value
set code.
Segment level is a qualifier for a segment .This qualifier will tell how the segment will be used while
creating a financial report. For example if the segment is enabled as a primary balancing segment -then for
each and every journal and accounting the segment values should be balanced.
Balanced means the debit and credit amount should be same for this segment.

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Similarly, if the segment is enabled as a Natural account segment then all the values will be treated as a
natural account. Values under this segment will be either an Asset, liability, revenue or expenses.
You can notice here that-for each segment we are also assigning a unique value set code. Value set codes
contents values for each segment.
Now question is if we have decided our segments and value set code at COA Structure level what is the use
of Chart of Account structure instance, let us understand carefully .

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 Chart of Account instance gives us flexibility to design our Accounting hierarchy multiple time with same COA
Structure. For example, we are implementing Chart of account for a big MNC. They have business operation
in different country and so they have country specific financial reporting requirement for each country. We
can use the same structure and create multiple structure instance for different countries. That means we can
create one to many relationship between COA Structure and COA Structure instance.
To create a new COA, or maintain existing COAs, navigate to the Manage Chart of Accounts task from within
your implementation project, and then click the Go to Task icon. This task can be found in the following
hierarchy:

* Manage Chart of Accounts
 To begin creating your COA, use the following steps:
1- You will be landing on the Manage Key Flex fields page, and the General Ledger Accounting
Flex field will be defaulted in the Search Results table. Click the Manage Structure
Instances button on the toolbar to begin defining your chart of accounts. You will get redirected to
the Manage Key Flex field Structure Instances page.

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2- Click the Create icon on the toolbar of the Search Results table. You will be redirected to
the Create Key Flex field Structure Instance page.
Take example of our structure Agility
3- Specify a unique Structure Instance Code and Name, and provide an optional Description.
4- Indicate whether you want Fusion Financials pages and processes to dynamically create account
combinations, by marking the Dynamic combination creation allowed check box.
5- Associate your COA with a Structure Name. By default, a COA inherits the key attributes of the COA
structure, but some attributes – such as the value set for the segments – may be modified individually.
6- Click the Save button to save your COA definition and begin modifying the constituting segments.
7- To modify a COA segment, select its corresponding row from the Segment Instances table, and then
click the Edit icon
Note – Make sure that both the required and displayed check boxes are both marked. For segments
intended for future use, also make sure to mark those attributes; we recommend that you define one
segment value for your future segments and set it as a default value. This ensures that the extra segment is
populated when an account combination is used.
8- After reviewing all of your COA segments, click Save and Close to navigate back to the chart of
accounts landing page. Alternatively, you may proceed directly with creating your value set values by drilling
on the corresponding Value Set Code hyperlinks in the Segment Instances table. Creating value set
values is covered in detail in the following section.

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9- Repeat the aforementioned steps for every COA you would like to define.
If you click on edit segment, you can see one very important screen below.

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In the above screen, you can see the value set code-Account TCI is defaulted from COA Structure definition.
However, here at instance level you have the flexibility to change the value set code. You can assign a new tree
structure or account Hierarchy as per country specific requirement. Though we are using the same COA structure, still
we can change the complete financial reporting simply by assigning a different Accounting tree at COA instance level.
We can create as many as COA Instance with same COA Structure. That is the significance of Chart of Account
structure instance. For instance, for Japan, we can create a separate COA Instance and accounting tree and for USA a
separate COA instance with an USA specific accounting tree. Moreover, we can use the same Chart of Account
Structure.

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Note – After creating the desired COA instances, it is necessary to deploy the Accounting Flex field to ensure
that the COAs are valid and usable. Deploying (a similar concept to compiling) the Accounting Flex field validates and
generates all the necessary objects, thus ensuring that the chart of accounts can be used across all the desired
Accounting Hub entities. To deploy the Accounting Flex field, click the Deploy Flex field button on the Manage Key
Flex field page. Once all necessary validations take place, the Deployment Status column should show a green
check mark indicating that the deployment has successfully taken place.
 Next hit on ‘Deploy Flexfiled’ button.
 Once the Accounting Flex filed has been deployed, please, ensure the status appeared in green color.

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Define Segment Values.
To define new value set values, or maintain existing values, navigate to the Manage Chart of Accounts Value
Sets task from within your implementation project, and then click the Go to Task icon. This task can be found in the
following hierarchy:

* Manage Chart of Accounts Value Sets
Note – Alternatively, you may create your value set values by drilling on the corresponding Value Set
Code hyperlinks on the definition page of the structure instance. Choosing the latter method provides the advantage
of having a context and a starting point for defining your value set values.
To begin creating value set values, use the following steps:
1- On the Manage Value Sets page, search for you value set.
 Hit on ‘Go to Task’ button
2- Select your value set from the Search Results table, and click the Manage Values button. You will get
redirected to the Manage Values page.
 Enter required information in search criteria and hit on search.
 You will then get the following screen.
 Place the cursor on desired ‘Value set’ and hit on ‘Manage Values’ button.

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3- To create a value set value, click the Create icon on the toolbar of the Search Results table, and you will get
redirected to the Create Value page.
4- Specify a Value (must be unique in the value set) and an optional Description.
5- Specify an optional Start Date and End Date to determine the accounting time frame in which this specific
segment value may be used.
6- Specify the value attributes, such as Summary (indicating whether the value is a parent or detail value), Allow
Posting, Allow Budgeting; and additionally for natural account segment values, specify the following
fields: Account Type, Third Party Control Account, Reconcile and Financial Category.
Note – You cannot specify the parent/child relationship for your segment values on this screen. You need to do this
step through account hierarchies, and this will be detailed in the next section.
7- Click the Save and Close button to save your segment value and navigate back to the Manage Values page.
8- Repeat Steps 3 to 7 to define additional segment values for the selected value set.

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Setup values for ‘Entity’ segment.
 Setup parent company for 4510 Philippine

 Finally hit on ‘Done’ button.
Define values for ‘Branch’ segment.
 Select Branch value set and Hit on Manage values.
 Define all the required values for Branch segment.

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 Setup values for ‘Product’ segment.
Pause the cursor on ‘Account’ value set and Hit on Manage values.

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 Define values for ‘Department’ segment.

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Define Values for Account Segment:

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Account values
fusion.xls
Define Values for Project Segment:

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Define Values for GIL Intercompany Segment:

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Define Values for Future 1 Segment:
Define Values for Future 2 Segment:

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Define Calendar:
To create a new account calendar, or maintain existing accounting calendars, navigate to the Manage Accounting
Calendars task from within your implementation project, and then click the Go to Task icon. This task can be found
in the following hierarchy:

- Define Financial Reporting Structures > Define Calendars
- Manage Accounting Calendars
To begin creating an accounting calendar, use the following steps:

1- Click the Create icon on the toolbar of the Search Results table. You will be redirected to the first step of
the Create Accounting Calendar flow.
2- Specify a unique calendar Name, and an optional Description.
3- Specify a Start Date for your accounting calendar to determine the first day of the earliest accounting period
associated with this calendar. Once you save your calendar, the Start Date can no longer be modified.
Note – In Fusion General Ledger, we currently do not allow to create a calendar year with a fewer number of periods
than what the period frequency dictates. Therefore, we recommend that you add a full extra year in your accounting
calendar before the first opened period of any ledger using this calendar. For example, if you plan to start transacting
in Jan-11, and intend to run translation for that same Jan-11 period, start your calendar in Jan-10 (2010 calendar
year), add the 2011 year to your calendar, and then assign this calendar to your ledger with Jan-11 as the first
opened period.
4- Specify the Period Frequency for your accounting calendar. In Fusion General Ledger, we have streamlined the
creation of accounting calendars by allowing organizations to choose from frequently used period frequencies, such
as Monthly, 4-4-5, Weekly, etc. If any of those popular calendar types are chosen, the system will automatically
generate all the period details for the first calendar year, and subsequently for every additional year you add. If your
organization uses an irregular or uncommon type of calendar that does not fit any of the seeded frequencies, then
you must choose a period frequency of Other, specify the Number of Standard Periods and then manually define
the period details.
5- Specify the Adjusting Period Frequency to determine the number and frequency of the adjusting periods. Again
here, the system allows you to choose from popular adjusting period frequencies, such as Once at year end, Once at
beginning of the year and once at end of the year, etc. If you have other requirements for your adjusting periods,
then you must choose an adjusting period frequency of Other, specify the Number of Adjusting Periods and then
manually provide the details for those adjusting periods.
6- Under the Period Name Format region:
a. Specify an optional User-Defined Prefix to use in the generation of the period names.
b. Specify a Separator to separate the period number from the year number when generating
the period names.
c. Choose a Format for your period names. For the calendar year format, the system appends
the year of the start date of the period when generating the period name. For the fiscal
year format, the system appends the year associated with the period regardless of its
date range, to the period name.

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7- Click the Next button to navigate to the Period Details screen. If you chose one of the seeded period
frequencies, all the periods for your first accounting year will automatically be generated, thus saving you the time
and effort of manually defining them.
8- Review the period details for your accounting calendar, and make modifications as necessary. Note that when
making any changes, you must abide by the following basic validation rules:
a. The period name must be unique.
b. The standard (non-adjusting) periods must have non-overlapping date ranges.
c. An adjusting period date range must overlap with that of a standard period.
9- Click the Save and Close button to save your accounting calendar and navigate back to the Manage
Accounting Calendars page. The system will make all the necessary validations before committing your changes.
10- To add a year to an existing accounting calendar, click the Edit icon to update your accounting calendar, and
then click the Add Year button from the Period Details table. If the accounting calendar has already been
associated with one or more ledgers, then adding a year to the calendar will update all balances cubes using this
calendar, with the periods of the newly-added year.
Hit on ‘Define Calendars’ and again hit on ‘Go to Task’ against it.

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Finally hit on ‘Save and Close’ button.
Define currencies
To create a new currency, or maintain existing currencies, navigate to the Manage Currencies task from within
your implementation project, and then click the Go to Task icon. This task can be found in the following hierarchy:

- Define Financial Reporting Structures > Define Currencies
- Manage Currencies
To begin creating a new currency, use the following steps:

1- Click the Add Row icon to create a new currency row in the Search Results table.
2- Specify a unique Currency Code and Currency Name, and an optional Description. The Start Date and End

Date fields may be used to provide a time frame for the validity of the currency.
3- To provide more details, you must click the Expand icon on the leftmost edge of the row. Having done that, you
can specify other fields such as the Issuing Territory, Symbol, Precision and Minimum Accountable Unit.
4- Click the Save button to save the changes to your currencies.
To update an existing currency, search for it from the Search region and make the necessary changes to it from
the Search Results table

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Define Identifying Jurisdiction.
An identifying jurisdiction is the first jurisdiction we must register with to be allowed to do business in a country. For
each legal entity, we need to select an identifying jurisdiction. If there is more than one jurisdiction that a legal entity
needs to register with to commence business, select one as the identifying jurisdiction. Most commonly the identifying
jurisdiction is the one we use to identify our legal entity.
Income Tax Jurisdiction is another type of jurisdiction, which imposes taxes on financial income generated by all
entities within their jurisdiction. This is being created to properly report and remit income taxes to the legal authority.
 Legislative Category must be Company Registration in this jurisdiction type.
 We can only define once jurisdiction with Company Registration for each territory. Hence, I am choosing it
someone already defined.
Manage Legal Jurisdictions

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Define Legal Address
 Enter ‘Legal Address’ in search field and hit.
 Hit on ‘Go to Task’

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Legal Entity:
Define Legal Entities for Financials
1- Click on the Define Legal Entities for Financials task list. Since a legal reporting unit is defined in the context
of a legal entity, you will be prompted to set a scope value for your legal entity. To create a new legal entity, click the
Create New button in the Scope Selection window.
Manage Legal Entity
 Choose ‘Create New’ from list of values of Legal Entity and hit on ‘Apply and Go to Task.
2- You will be redirected to the Create Legal Entity page where you can specify the basic attributes for your legal
entity, including the Country, unique Name, Legal Entity Identifier, Legal Address and any other required localized
fields.
3- Click the Save and Close button to navigate back to the legal entities task list.

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4- Click the Select and Add button to select the legal entity that you just created and set the scope for the
remainder of your setup. Search for and select your legal entity from the Manage Legal Entities secondary
window, and hit the Save and Close button. This will set the scope for your task list to the selected legal
entity, as indicated in the Legal Entity choice list above the Tasks and Task Lists table.
5- A legal entity registration with the same name as that of the legal entity will be created by default. If you
want to verify this, locate the Manage Legal Entity Registrations task and then click the Go to Task icon. If you
want to create another registration for the legal entity, you must specify the Jurisdiction Territory, Registered
Address and Registered Name.
6- Other optional tasks at the legal entity level are the Manage Intercompany Exceptions, Manage Legal Entity
Financial Information and Manage Legal Entity Tax Profiles tasks. All these tasks can be launched by clicking on the
respective Go to Task icon.
When a legal entity is created, a legal reporting unit with the same name as that of the entity is also automatically
created.
Accounting Configuration
In order to create and finalize your accounting configurations, you need to define your legal entities, create your
ledgers and open the first periods for your ledgers. Optionally, you can define and maintain your general ledger
options and period close components to customize your accounting configurations setup.

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Define Ledger
To create a new ledger (primary ledger, secondary ledger (Optional) or reporting currency (Optional), or maintain
existing ledgers, navigate to the Define Accounting Configurations iterative task list from within your implementation
project, and then click the Go to Task List icon. This task can be found in the following hierarchy:

- Define Ledgers
- Define Accounting Configurations
* Manage Primary Ledgers
* Assign Legal Entities [Optional]
* Specify Ledger Options
* Assign Balancing Segment Values to Legal Entities [Optional]
* Assign Balancing Segment Values to Ledger [Optional]
* Manage Reporting Currencies [Optional]
* Define Secondary Ledgers [Optional]
* Review and Submit Accounting Configuration
 Hit on ‘Define Ledgers’ and click on ‘Go to Task’.
Manager Primary Ledgers
1- Since every accounting configuration can uniquely be identified by its primary ledger, you will be prompted to set a
scope value for your primary ledger. To create a new primary ledger, click the Create New button in the Scope
Selection window.
2- You will be redirected to the Create Primary Ledger page where you can specify the basic attributes for your
ledger, including the Name (must be unique), Description, Chart of Accounts, Accounting Calendar, Currency and
Accounting Method. The accounting method determines the rules for recording transactions from subledgers through
the Subledger Accounting engine.
3- Click the Save and Edit Task List button to navigate back to the accounting configuration task list. Keep in mind
that you cannot change the chart of accounts, accounting calendar or currency for your ledger after you save your
ledger.
4- Click the Select and Add button to select the primary ledger that you just created and set the scope for the
remainder of your accounting configuration setup. Search for and select your ledger from the Manage Primary
Ledgers secondary window, and hit the Save and Close button. This will set the scope for your task list to the
selected primary ledger, as indicated in the Primary Ledger choice list above the Tasks and Task Lists table

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 Hit on Create Icon and provide required information.
Assign Legal Entities to Ledger.

 Hit on ‘Go to Task’ icon.

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 Hit on ‘Add’ Icon and provide Legal Entity name to search.

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
 Then, pause the cursor on the returned ‘LE’ and on Apply and ‘Done’ respectively.
Finally, hit on ‘Save and Close’ button

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Define Account Code Combinations.
 Hit on ‘Go to Task’ icon against Manage Account Combinations as shown below.
 Select your chart of account instance

 Define required code combinations one after other.
 Query results window

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Specify Ledger Options.
The next step is to define the ledger options but before going into the mandatory task Specify Ledger Options set the
scope
by clicking on the Select link under the column Selected Scope.
A pop-up window appears to select the scope. Select Specify Ledger Options. For Primary Ledger select Select and
Add from the
drop down list and click on Apply and Go to Task. Select the ledger created earlier from the list displayed and click
on Save and Close.
 Hit on ‘Go to Task’ against Specify Ledger Options.

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 Select the ledger created earlier from the list displayed and click on Save and Close.
 Provide all GL Accounts and hit on Save.

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Finally, hit on save and close.

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Assign BSV to Legal Entities.
Assign Balancing Segment Values to Legal Entities
 Hit on ‘Go to Task’ against Specify Ledger Options.
 You could find all your legal entities created above.
 Hit on + Icon and choose be assigned all the BSVs to corresponding LE.

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 Hit on ‘Save and Close’.

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Review and Submit Accounting Configuration.
 Hit on ‘Go to Task’ against ‘Review and submit Accounting Configuration.
 After submiting it, please note the requested id generated and hit on ‘Scheduled Process’ to verify the request
status. 323130
 Go to Tools and find Scheduled Processes

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 Upon submitting the Accounting Process, the following three programs spawned and succeeded.

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Open periods in GIL-PH-PL-4510.
Since you are added the appropriate role to access the GIL PH Ledger, now you should be able to open the periods in
GK US LEDGER.
 Hit on ‘Go to Task’ against Open First Period.
 Since there is one ledger configured, it has defaulted automatically.
 Make note of request ID created and verify whether it completed without error.
 Hit on ‘Scheduled Process’ on the Navigator bar.

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Setup Data Reference Sets.
 Navigate to ‘Manage Data Reference Sets’
 Provide required information.
 Save and Close.

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Setup Business Locations.
 Hit on ‘Go to Task’ icon against Manage Locations.
 Provide location information and address information and hit on Submit button.
 Finally, save it.

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 After reviewing location information entered, please submit.

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Setup Business Unit.
Here, I would like to setup two business units for GK business transactions being captured. One for software Unit
and other one for Hardware unit.
 Enter ‘Business Unit’ in search filed and discover the task of Manage Business Unit.
 Hit on ‘Go to Task’ against ‘Manage Business Unit’ task.
 Hit on ‘Create’ icon and input Name

 Select ‘ Location’ from list of values
 Select ‘Default Set’ from list of values since we already created it above.
 GIL-PH-BU

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 Hit on save button.
 Query it again
 Place the cursor on Business Unit displayed and hit on Actions icon.
 Hit on ‘Assign Business Functions’
 Choose ledger name from list of values

 Choose Legal Entity name from list of values

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 Hit on Save and Close.
Now, the Business Units have been setup and the respective functions are also assigned.
 Click on Manage site assignments.
 Please ensure Payables Payment Term are assigned to reference data set.

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 Hit on ‘Save and Close’.

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Define Inventory Organizations.
In Oracle Fusion Applications you define two types of inventory organizations they are
Inventory Organization:
In Oracle Fusion, storage facilities, warehouses, and distribution centers are implemented as inventory organizations.
Inventory organizations are:
• Managed by a business unit, with the materials management business function enabled.
• Mapped to a legal entity and a primary ledger.
There are two types of inventory organizations:
• Manufacturing facilities
• Storage facilities
Storage and manufacturing facilities are related to other organizational entities through a business unit that stores,
manufactures, and distributes goods through many factories, warehouses, and distribution centers. The material
parameters are set for both the facilities, enabling movement of material in the organization. This business unit has
the business function of Materials Management enabled. Oracle Fusion Applications allow many inventory
organizations to be assigned to one business unit.
Distribution Center as an Inventory Organization:

A distribution center can store inventory that is the responsibility of different business units. In this situation, assign
an inventory organization to each business unit as a representation of the inventory in the distribution center. The
multiple inventory organizations representing the inventory are defined with the same location to show that they are
a part of the same distribution center.
Legal Entities Own Inventory Organizations:

A legal entity owns the inventory located in a storage or manufacturing facility. This ownership is assigned through
the relationship of the inventory organization representing the inventory and the legal entity assigned to the
inventory organization. The legal entity assigned to the inventory organization shares the same primary ledger as the
inventory organization's business unit.
The inventory is tracked in the inventory organization owned by the legal entity of which the business unit is part. All
transactions are accounted for in the primary ledger of the legal entity that owns the inventory .
Facility Schedules Are Associated with Inventory Organizations:

A prerequisite to defining an inventory organization is to define a facility schedule. Oracle Fusion Applications allow
you to associate an inventory organization with a schedule.
Facility schedules allow creating workday calendars for inventory organizations that are used in the Oracle Fusion
Supply Chain Management product family. For example, use workday calendars in the scheduling of cycle counts
and calculating transit time.

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Item Organization:
An item organization defines an item when inventory balances are not stored and inventory storage or inventory
movement is not reflected in the Oracle Fusion Applications. For example, you would use an item organization in a
retail scenario, if you need to know the items that are listed by and sold through each retail outlet even though
inventory and transactions are recorded in another system. In Oracle Fusion Customer Relationship Management
(CRM), item organizations are used to define sales catalogs.
 Items belong to an item organization.

 Item attributes that are associated with financial and accounting information are hidden from the item if it
exists within the item organization.
 Item organizations can be changed by administrators to an inventory organization by updating the necessary
attributes.
 Hit on ‘Go to Task’ page of ‘Manage Inventory Organizations’.
 Hit on Create button and provide necessary information.

 In Location name filed, I chose the default Location as the one I defined is not visible owing to ADF error.
Note: Usage must be ‘Inventory Management’
Note: In case of Business Unit is not visible while defining Inventory Organizations; please make sure the function
‘Material Management’ is assigned to your Business Units.
Manage Facility shifts:

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Manage Workday Patterns

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Manage Schedules:

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Manage Schedule Exceptions

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 Hit on ‘Go to Task’ page of ‘Manage Inventory Organizations:
 Hit on Next button and provide required information.

Note: Schedule means – Your work day calendar.

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 Likewise, you need to define child organizations for Hardware & Software entities respectively.
Note: In fusion application, option for defining inventory accounts is not seen anywhere over the Inventory
Organization page. All default accounting setup is done through subledger mapping set in sub ledger accounting.

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Define Sub inventories
 Hit on Go to Task against ‘Manage Subinvenotry and Locators’.
 Choose the inventory organization under which the Sub inventory should exist.
 Hit on create and provide necessary information.

 Define Stores sub inventory for Hardware entity.

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 Change Inventory organization and define Reciving sub inventory for Software Entity as well.
 Provide necessary information.
 Save and Close.

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Entering Manual Journals in Oracle Fusion
In this post , We will discuss how to create an GL manual journals in Oracle Fusion. We creates GL journals in
Oracle. I will show you step-by-step process to create GL manual journals in Oracle Fusion.
Navigator -> General Accounting -> Journal
Navigate to the Create Journal screen Journal -> Create Journal under task pane Radio button.

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Post the Journal:
Go To Scheduled Process:
Check the above request: it should be Succeeded.

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Go to General Accounting->Journal

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Implementing Enterprise Structures and

<Approver 1> Ahmed Mokhtar Mohamed

<Approver 2> Mohammad Anwar Ibrahim

Date Author Version Change Reference

09-Feb-2021 Mahesh Satha 1.0

Ahmed Mokhtar Mohamed Asst. Manager - ERP Implementation

Oracle Fusion Financials Page ii of 87

Oracle Fusion General Ledger Financial Structures: 4

COA Structure and COA Structure Instance-Concept: 21

Manage Legal Jurisdictions 42

Manage Workday Patterns 70

Manage Schedule Exceptions 72

Oracle Fusion Financials Page iii of 87

Step 1 - Chart of Accounts:

A- Create Value Sets for COA

Step 3 - Create/setup Currencies

Step 4 - Create Legal Entity

Step 5 - Create Primary Ledger

Step 6 - Assign Legal entity to Primary Ledger

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Setup and Maintenance Overview:

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Click the Create action under the Actions menu of the Search Results table

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The chart of accounts implementation flow may be summarized as follows:

Define Common Applications Configuration for Financials

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2- Specify a unique Value Set Code, and an optional Description.

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Entity Value Set:

Branch Value set:

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Account Value Set:

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Future1 Value set:

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Screen-shot showing list of value sets created before COA creation:

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 Hit on ‘Define Chart of Accounts’

Since the ‘Manage Chart Structure’ button is grayed out.

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Now, the Manage Structure’ button is enable. Please hit that

 Hit on ‘Create’ Icon as circled in below page

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 Enter Name – GIL Global Acctng Flexfield

 Enter Description – GIL Global Acctng Flexfield

 Choose Delimiter as ‘-‘

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Let us try to understand the significance of both.

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Define Common Applications Configuration for Financials

 To begin creating your COA, use the following steps:

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Take example of our structure Agility

3- Specify a unique Structure Instance Code and Name, and provide an optional Description.

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