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Theresa Hickman
General Ledger Development
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• Introduction to Solution
• History and Business Messages
• Key Concepts and Terminology
• Impacted Applications
• Customer Impact / Upgrade Considerations
• Demo
• ADS Content (ADS)
• Hands-on
• Case Study
• Costly to Maintain
• Inconsistent Business Practices
• Fragmented Information
Security
• How to secure data, setup, and processing?
Autonomy
• How to keep independence between ledgers?
Flexibility and Sharing
• How to achieve processing efficiencies?
8 Copyright © 2006, Oracle. All rights reserved.
R11i Pain Points
Modeling Entities with Sets of Books
Legal
USA Belgium Austria Germany
Entities
SOB SOB
SOBs
North America Europe
($) (€)
• Introduction to Solution
• History and Business Messages
• Key Concepts and Terminology
• Impacted Applications
• Customer Impact / Upgrade Considerations
• Demo
• ADS Content (ADS)
• Hands-on
• Case Study
SLA SLA
Subledger Transactions
Transaction
AP AR FA Others
Defined by 4Cs: Can differ in one or all 4Cs: Only differs in:
• Chart of accounts • Chart of accounts • Currency
• Accounting calendar • Accounting calendar
• Primary currency • Primary currency
• Subledger aCounting • Subledger
Method aCcounting Method
US GAAP
Accrual
Use Reporting
Use a Secondary Ledger
Currencies
Use GL Consolidation
Balance Use GL Translation
to Transfer Balances
Manual Adjustments in
Adjustments GL or Automated
Only Adjustments from SLA
AP AR FA
Balance Level Journal Level Subledger Level
Maintained at Maintained When Maintained for every
Month-End Journals are Posted Subledger Journal
AP AR FA
Balance Level Journal Level Subledger Level
Maintained at Converts Converts Every
Month-End via GL Journals Only Subledger Journal
Translation
GL Balances
Posting
GL Journal Entry
Journal Import
Legend
Create Accounting GL
SLA
Transaction Subledger
GCS
GL Balances GL Balances
Journal Import
Create Accounting
Transaction
Posting
GL Journal Entry
Journal Import
Create Accounting
Transaction
GL Balances GL Balances
Posting Posting
Journal Import
Create Accounting
Transaction
GL Balances GL Balances
Posting Posting
Journal Import
Create Accounting
Transaction
GL Balances GL Balances
Posting Posting
Create Accounting
Transaction
GL Balances GL Balances
Posting Posting
Create Accounting
Ledger
(formerly set of books)
Subledger
Accounting (SLA)
Independent Doc
Statutory Not as Stringent,
Not for Legal Entity Sequencing,
Requirements Multiple LEs Can Share
Legal Reporting VAT Controls,
the Same Ledger
Statutory COA, etc
• No Legal Entity
Context in Subledger N/A N/A
Limitation More Operating Units No Autonomous Doc
Transactions
Need to be Defined; Sequencing and Tax
• Cannot use Advanced
One per Ledger Per Legal Entity
Global Intercompany
System
Today Release 12
Set of
Books Ledger
Management Segment
• Optionally qualify a segment as the management
segment to perform management reporting
• Secure read and write access to Ledger/Management
Segment Value combinations using Data Access Sets
Co CC Acct I/C
LE Benefits
• Effective Management
Primary Ledger Reporting
– Enables management
reporting and analysis by
leveraging a management
Co CC Acct I/C
dimension in your chart of
accounts
• Tighter Controls
OU97
– Restrict managers from
accessing data outside
OS69 their area of responsibility
OX53
Legal Entity A
GL Ledger Name
Profile Option
GL: Set of Books Name
Profile Option
GL: Data Access Set
Profile Option
Balance Sheet
Income Stmt
Summary
Pros Cons
Pros Cons
Issue Solution
• Entity Autonomy
• Independent Open/Close
Data Access Set
• Read/Write Access
• Access to Multiple Ledgers
Demonstration
Reporting
Subledger Level RC
Currency
(USD)
(Subledger level)