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Friday, 27 May 2011

General Ledger Operations

General Ledger Operations


The Oracle General Ledger is the central repository of accounting information. The main purpose of a general ledger system is to record financial activity of a company and to produce financial and management reports to help people inside and outside the organization make decisions.


A set of books is a financial reporting entity that uses a particular chart of accounts, functional currency, and accounting calendar.


To create a set of book:

  • Create Chart of Account
  • Define Accounting Calender
  • Funcational Currency
Download the complete presentation on Oracle General Ledger

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