1. Copyright © 2007, Oracle. All rights reserved. Oracle General Ledger Process R12 General Ledger Management Fundamentals

2. Copyright © 2007, Oracle. All rights reserved. Objectives After completing this lesson, you should be able to do the following: Identify the steps required to complete the accounting cycle using Oracle General Ledger. Describe how Oracle General Ledger integrates with other Oracle eBusiness applications. Describe the implementation considerations for setting up and using Oracle General Ledger and the Oracle eBusiness Suite.

3. Copyright © 2007, Oracle. All rights reserved. Oracle General Ledger Overview Oracle General Ledger Oracle Financials Human Resources Management Manufacturing Customer Relationship Management Projects Other Subledgers

4. Copyright © 2007, Oracle. All rights reserved. General Ledger Overview Edit Analyze, Correct, and Adjust Review General Ledger Record Other Subledgers

5. Copyright © 2007, Oracle. All rights reserved. Functions and Features Financial Controls Data Collection Information Access Financial Reporting and Analysis

6. Copyright © 2007, Oracle. All rights reserved. General Ledger Accounting Cycle Consolidate Revalue/ Translate Review Post Create/Reverse Journal Entries Open Period Run Reports/ Close Period Review/ Correct Balances

7. Copyright © 2007, Oracle. All rights reserved. Critical Implementation Issues Identify critical implementation issues that affect multiple business areas: Shared information Information flows Open interfaces Non-Oracle systems

8. Copyright © 2007, Oracle. All rights reserved. Oracle General Ledger Integrates with … Financials Payables Receivables Assets Purchasing Projects Treasury Property Manager Lease Management HRMS Human Resources Payroll Continued…

9. Copyright © 2007, Oracle. All rights reserved. Oracle General Ledger Integrates with … Manufacturing Inventory Work in Process Labor Distribution Public Sector Grants Accounting Public Sector Budgeting Public Sector Financials Federal Financials Continued…

10. Copyright © 2007, Oracle. All rights reserved. Also Integrates with … Business Intelligence/Analytic Solutions Financial Consolidation Hub Enterprise Planning and Budgeting (EPB) Oracle Financial Services Applications (OFSA) Daily Business Intelligence (DBI) Activity-Based Management (OABM)

11. Copyright © 2007, Oracle. All rights reserved. Integrating with Subledgers SubledgersGL_INTERFACE PostGL_BALANCESJournals Journal Import

12. Copyright © 2007, Oracle. All rights reserved. Importing to General Ledger from Non-Oracle Applications General Ledger Journal Import Other feeder systems Web ADI Budgets

13. Copyright © 2007, Oracle. All rights reserved. Overview of Accounting Setup Manager Central place for defining and maintaining accounting setup for the following: Legal Entities Operating Units Ledgers (primary and secondary ledgers) Reporting Currencies Subledger Accounting Intercompany and Intracompany Balancing Sequencing (Accounting and Reporting Sequencing)

14. Copyright © 2007, Oracle. All rights reserved. Foreign Currency Concepts The three key foreign currency concepts in Oracle General Ledger are: Conversion Revaluation Translation

15. Copyright © 2007, Oracle. All rights reserved. Multiple Currency Support Currency If difference is only currency, Chart of accounts CalendarAccounting Method US GAAP Accrual Use a Secondary Ledger Use Reporting Currencies If one or more of the following are different,

16. Copyright © 2007, Oracle. All rights reserved. Budgeting Oracle General Ledger gives you a variety of tools to create, maintain, and track your budgets, including the ability to upload budget amounts from an Excel spreadsheet. January 2002 Cost Center 100 ActualsBudgetsVariance Salaries Supplies Travel TOTAL 14,00015,0001,000 4,0003,500(500) 1,5001,700 200 19,50020,200 700

17. Copyright © 2007, Oracle. All rights reserved. Overview of Enterprise Planning and Budgeting (EPB) Business process flows Allocations rules Many out of the box calculations Exception alerts Enhanced reporting EPB

18. Copyright © 2007, Oracle. All rights reserved. Reporting and Analysis Oracle General Ledger provides you with a variety of reporting, consolidating, and analysis capabilities. Online account and transaction analysis Standard reports and listings Financial Statement Generator reports Web ADI Report Manager Oracle Enterprise Planning and Budgeting

19. Copyright © 2007, Oracle. All rights reserved. Standard Reports and Listings Account AnalysisChart of AccountsCurrencyJournalsExecutionBudgetConsolidationGeneral LedgerTrial BalanceOther Oracle General Ledger delivers over 70 standard reports. The following categories provide financial and non-financial information for General Ledger data.

20. Copyright © 2007, Oracle. All rights reserved. Financial Statement Generator Reports (FSG) Oracle General Ledger's Financial Statement Generator (FSG) is a powerful and flexible tool you can use to build your own custom reports without programming. Row Column Report

21. Copyright © 2007, Oracle. All rights reserved. Summary In this lesson, you should have learned how to: Identify the steps required to complete the accounting cycle using Oracle General Ledger. Describe how Oracle General Ledger integrates with other Oracle eBusiness applications. Describe the implementation considerations for setting up and using Oracle General Ledger and the Oracle eBusiness Suite.