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ORACLE E-BUSINESS SUITE FINANCIALS R12 TRAINING Sep 11th Sep 16th Sep 18th Sep 23rd

TOPICS
Overview of Oracle Applications R12 General Ledger Accounting setup manager Using accounting setup manager Basic Journal entries Summary of accounts Advanced Journal entries Advanced security Financial Budgeting Multi-currency Global Consolidation System Global Intercompany System Period close Financial Reporting

Period End Procedures Oracle Financials EBS

Process Change
Due to the impact of the Subledger Accounting Architecture the close process has changed between Release 11i and Release 12. In Release 11i the transactions and distributions represented the accounting . In Release 12 however, distributions on transactions in subledgers are considered to be the default accounting. In Release 11i, when you close your periods in each of the subledgers, Oracle General Ledger will automatically create the balancing lines for journals posted to General Ledger. This changes in Release 12 as subledger accounting creates the balancing lines at the time you account for the subledger transactions.

Pre-requisite Checks SLA Close process

Complete transactions Create accounting Reconcile transactions Post to General Ledger Reconcile accounting Close period

Period End Close Dependencies

PO
INV

PA

AP

FA

OM

AR

GL

CE

XTR