Oracle General Ledger (GL) was the first Oracle Applications module launched more than 20 years ago.
Release 12 and Cloud (SaaS and/or co-existence) have introduced "ground breaking" changes to the structure of this product that needs discussion and advertisement - not in the marketing sort of a way, but in a way that educates users about GL.
Now, more than ever, GL users need a forum for free exchange of GL related information. Organizations upgrading or implementing GL have a host of unanswered questions.
White papers and presentations are very few and far between. Our attempt to network is to share the common knowledge base.
We also intend to work closely with other SIG Groups and want to provide a more process based discussions and meetings to ensure that a business like approach to using systems will be created to help the users provide value to their organizations
What We Cover
Oracle® General Ledger is a comprehensive financial management solution that provides highly automated financial processing. Oracle General Ledger is part of the Oracle E-Business Suite, an integrated suite of applications , and at Oracle the General Ledger product is part of the Financial Control and Reporting group. This group also manages Fusion Financials.
Subledger Accounting (SLA)
Oracle Sub-Ledger Accounting (SLA) is the accounting engine beginning with Release 12 (R12), it drives entered data from the Sub-ledgers and transforms them based on set rules to accounting entries that will be posted in GL. The SLA is a conduit to the GL for all accounting entries.
The GL-SIG has been working closely with Oracle Proactive Support , to bring to our members best practices direction and information content on how to plan, prepare and execute the transition to R12, from their current versions. Their link to the document on Metalink has a very informative and interactive portal with valuable information.
Report Manager is an integral part of E-Business Suite and provides capabilities to publish and store reports , The reports are stored online in secure and is convenient to access point-in-time reports that are stored in the Database. The ADI SIG has taken on the onus of managing the follow-up on the ADI functionality.
Advanced Global Intercompany System (AGIS)
This is an enhancement over old GIS product by allowing users to create AP & AR Invoices, allows for Web ADI integration for excel spreadsheet loads to create entries, integration with Approvals Management Engine, and allow support for one-to-many receivers in the same transaction.
Legal Entity Manager is a new product released in R12 and is now used in the application configuration rather than being a place-holder as in previous versions. The Legal Entity now owns
- Bank Accounts
- Tax Regimes
- IC relationships