what is general ledger in oracle laguege and what are the
step for define the journal entry?
Answers were Sorted based on User's Feedback
Answer / venkat
General Ledger is the central repository of all accounting
information in Oracle Applications. It provides the
following functionality: General Accounting, Budgeting,
Multiple Currencies, Intercompany Accounting, Cost
Accounting, Consolidation and Financial Reporting.
GL is the destination for all accounting entries.
Navigation for entering journals :Journals-Enter
|Is This Answer Correct ?||21 Yes||5 No|
Answer / kasi
General ledger is the central resporitary of all accounting.
In AP,AR,FA you can transfer the transcation from ap to gl
or ar to Gl. But general u need not to transfered.
if you want to create a journal entry . Journal-enter-
|Is This Answer Correct ?||12 Yes||1 No|
Answer / sumitha
Oracle Apps id divided into different modules.General
Ledger is one of the module that recieves information from
all the other modules such as AP,AR,FA etc and summarizes
them to get what is required.
|Is This Answer Correct ?||8 Yes||2 No|
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