Fusion GL – Oracle Fusion General Ledger Training Manual.

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Fusion GL – Oracle Fusion General Ledger Training Manual OracleApps88

01: Oracle Financials Cloud

02: Navigating in General Ledger and Functional Setup Manager

02 A: Getting Started in Oracle Cloud Applications
02 B: Exploring the Functional Setup Manager

03: Reviewing Enterprise Structures

03 A: Reviewing Shared Components
03 B: Searching for a Legal Entity
03 C: Entering Values
03 D: Defining Cross-Validation Rules
03 E: Creating an Account Combination
03 F: Creating an Account Shorthand Alias

04: Exploring Calendars and Ledgers

04 A: Creating a Calendar
04 B: Creating a Primary Ledger
04 C: Specifying Ledger Options
04 D: Defining Reporting Currencies
04 E: Completing the Ledger Configuration
04 F: Creating a Ledger Set
04 G: Reviewing Data Access Set Security
04 H: Opening the First Accounting Period

05: Creating Journal Entries

05 A: Creating a Journal Source and Category
05 B: Entering and Posting a Manual Journal
05 C: Reverse a Journal Manually
05 D: Entering and Posting a Journal in a Spreadsheet
05 E: Using the Account Monitor

06: Using Foreign Currencies

06 A: Creating a Currency
06 B: Creating Conversion Rate Types
06 C: Entering Daily Rates
06 D: Entering and Reviewing a Foreign Currency Journal

07: Managing Intercompany Transactions

07 A: Creating Intercompany Transactions with Invoice Generation
07 B: Running the Reconciliation Report
07 C: Creating Intercompany Transactions Using a Spreadsheet

08: Performing Period Close

08 A: Creating and Generating an Allocation Rule
08 B: Defining and Running a Revaluation
08 C: Creating a Translation

09: Maintaining General Ledger Options

09 A: Creating a Suspense Account
09 B: Creating a Statistical Unit of Measure
09 C: Creating a Processing Schedule

10: Performing Consolidations

10 A: Creating a Chart of Accounts Mapping
10 B: Submitting the Transfer Ledger Balances Process

11: Uploading a Budget Using a Spreadsheet

RAJU CHINTHAPATLA

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Fusion GL – Oracle Fusion General Ledger Training Manual OracleApps88

01: Oracle Financials Cloud

General Ledger Functions and Features
• Information Access: Information is stored in the General Ledger and accessed through online inquiries or
reporting and analysis tools such as Smart View, General Accounting infolets, and the Account Monitor. Oracle
Fusion General Ledger is the repository of your organization's financial information.
• Financial Controls: Use security features to control access to specific areas and functions of General Ledger.
• Data Collection: Collect data from Oracle Fusion subledgers and non-Oracle feeder systems using journal
import, ADF Desktop Integrator, and file-based import.
• Financial Reporting and Analysis: Select from a variety of reporting and analytical tools including the Financial
Reporting Center and the BI (Business Intelligence) Catalog.

The General Ledger accounting cycle uses the following steps:

• Open an accounting period.
• Create manual journals, import subledger journals and reverse accrual journals.
• Post your journal batches manually or automatically. The Posting process populates the multidimensional GL
balances cube and the relational GL balances table.
• Review the balances created by the posted journals and reconcile the balances to your source subledgers.
• If multicurrency journals exist run the period-end revaluation process. And if subsidiary ledgers in different
currencies exist run the translation process.
• If subsidiary ledgers exist, perform consolidation to the parent or corporate ledger.
• Produce financial reports and perform online inquiries to review current account balances.
• Close the current accounting period.
• Open the next accounting period.

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