-
8/3/2019 RColten_NCOAUG - Oracle General Ledger - Setup 101 (1)
1/19
Scandens (orig: latin) (v, adj) ascending, rising, aspiring.
Oracle General LedgerSetup 101
Rob Colten
Consultant
-
8/3/2019 RColten_NCOAUG - Oracle General Ledger - Setup 101 (1)
2/19
Partnering
Scandent Solutionsa global IT Resources
Organization
Oracle Application Worldwide Partner and
Oracle Certified Solutions Partner
Dedicated Oracle Applications business unit in
Oak Brook, IL
-
8/3/2019 RColten_NCOAUG - Oracle General Ledger - Setup 101 (1)
3/19
GL Setup Steps
-
8/3/2019 RColten_NCOAUG - Oracle General Ledger - Setup 101 (1)
4/19
Flexfields
FlexfieldCombination of user-defined
Segments
General Ledger - Accounting (Chart ofAccounts)
Fixed AssetsLocation, Asset Category
ReceivablesSales Tax Location
-
8/3/2019 RColten_NCOAUG - Oracle General Ledger - Setup 101 (1)
5/19
Accounting Flexfield
Segments
Balancing
Cost Center
Account
Intercompany (optional)
-
8/3/2019 RColten_NCOAUG - Oracle General Ledger - Setup 101 (1)
6/19
Other COA Segments
Division
Market
Product
Branch
Sub-Account
GAAP TypeRegion
Sector
Store
Project
Activity
Phase
Basel II
CustomerReserved
Future (?)
-
8/3/2019 RColten_NCOAUG - Oracle General Ledger - Setup 101 (1)
7/19
Accounting Flexfield
Segment Qualifiers
PostingY/N
BudgetingY/N
Account TypeA, E, L, O, R
Reconciliation FlagY/N
Control AccountY/N
-
8/3/2019 RColten_NCOAUG - Oracle General Ledger - Setup 101 (1)
8/19
COA Considerations
One Global COA versus Multiple COAs
with consolidation
Legacy Systems
Decoder Ring
Business Process Re-Engineering
Futureis it really necessary?
-
8/3/2019 RColten_NCOAUG - Oracle General Ledger - Setup 101 (1)
9/19
COA Considerations
Melanie Bock paperYou CAN Change
Your Chart of Accounts
A Brief Word from one of the Sponsors:
WWW.OAUG.ORG
-
8/3/2019 RColten_NCOAUG - Oracle General Ledger - Setup 101 (1)
10/19
Segment Considerations
Accounting versus Reporting
Numeric versus Alphanumeric
UPPER CASE versus Mixed Case
Parent accounts
SegmentSummary accounts
Full Code Combination
-
8/3/2019 RColten_NCOAUG - Oracle General Ledger - Setup 101 (1)
11/19
Segment Considerations
Independent versus Dependent Value Sets
Generic account descriptions and usage
versus specific descriptions and usage
Leading zeros
Range of Values
Statutory reporting requirements
Avoid embedded logic in segment value
-
8/3/2019 RColten_NCOAUG - Oracle General Ledger - Setup 101 (1)
12/19
Test Drive COA
Look at standard apps reports and FSGs
Maintenance Routines
Parents/Rollup GroupsCode Combinations
Dynamic Insertion on or offSOX Considerations
Segment Security
Cross-Validation Rules
Shorthand Aliases
-
8/3/2019 RColten_NCOAUG - Oracle General Ledger - Setup 101 (1)
13/19
Descriptive Flexfields
Store additional information for flexiblereporting purposes
15 to 30 available per tableOptions
Required/Not Required
Context sensitiveValidated/Non-Validated values
Generally not transferred between apps
-
8/3/2019 RColten_NCOAUG - Oracle General Ledger - Setup 101 (1)
14/19
Calendars
Period Types
Calendar Periodbeginning and ending
dates
Period Name
Nov-05 versus Period-11-2005
Adjusting periods allowed
-
8/3/2019 RColten_NCOAUG - Oracle General Ledger - Setup 101 (1)
15/19
Sets of Books
Three Cs
Chart of Accounts
Currency
Calendar
Oracle Vision DemoMany Sets of Books
Global Consolidation System
Global Intercompany System
O h R i d S
-
8/3/2019 RColten_NCOAUG - Oracle General Ledger - Setup 101 (1)
16/19
Other Required Steps
Profile Options
Open/Close Accounting Period
Prior Years ending balance
Sourcesdefault values available
Categoriesdefault values available
Currenciesdefault values available
-
8/3/2019 RColten_NCOAUG - Oracle General Ledger - Setup 101 (1)
17/19
Optional Steps
Suspense Accounts
Intercompany Accounts
Summary Accounts
Statistical Units of Measure
Currency Rates
M O ti l St
-
8/3/2019 RColten_NCOAUG - Oracle General Ledger - Setup 101 (1)
18/19
More Optional Steps
Document Sequences
Automatic Posting
Encumbrance Types
-
8/3/2019 RColten_NCOAUG - Oracle General Ledger - Setup 101 (1)
19/19
Scandens (orig: latin) (v, adj) ascending, rising, aspiring.
Questions?