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

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-
journal.

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.

What reports should I run before closing the period?

1 Answers  

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What are the different Payments documents ?

3 Answers   FIC,

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How to implement Letters of credit full cycle starting from negotiation to receipt of payment from customer, its amendment and related issues under Oracle Apps order management modules

1 Answers   Hindustan Copper,

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Can you hold partial payments? And how can that be achieved?

1 Answers  

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how data is transferred from interface table to base table ?

4 Answers  

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Can i assign a supplier type of bank account to more than one supplier ?

5 Answers   Accenture,

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In AR module What is the difference between Debit Memo and Credit Memo ?

3 Answers   Satyam,

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What is a Hold? Explain the types of Hold

7 Answers   HCL, IBM, TCS,

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What are the Accounting Entries in P2P.in Oracle Financial terminology ?

6 Answers  

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what are the key flex fields in oracle payables?

2 Answers   IBM,

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What is the meaning of Deprecation

2 Answers   Wipro,

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What are the depreciation methods used in FA module?

2 Answers  

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