What is the order in setting up GL ? Which comes first -
COA, Calendar & Currency ?
- 8 Answers
- 11663 Views
- Oracle, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / swathi
I feel there is no specific order in which u have to define
them. they are independent and can be defined in any order.
| Is This Answer Correct ? | 36 Yes | 0 No |
Answer / rahul
I believe first 'Valuesets' are to be created fo the
respective "segments" then COA(Chart of accounts) is to be
created then followed by calendar and currency, Once you
are done with that you can define "set of books" and assign
all the three C's i.e, the above said 3 c's COA, Calendar,
Currency.
The above process also has few essential steps which are to
be followed like assigning flexfiled qualifiers and segment
qualifiers and all.
| Is This Answer Correct ? | 7 Yes | 2 No |
Answer / ju
Yes, technically you are right as all 3c's are required
before creating a ledger(set of books in 11i)..Havind said
that logically it be should be coa, calendar and
currency..Good point..
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / jul
The simple answer will be COA will come first..Because
unless you have finalised on the account structure for your
ledger, defining calendar and currency though important but
irrelevant
| Is This Answer Correct ? | 5 Yes | 5 No |
Answer / dj
ITS CALENDAR, CHART OF ACCOUNTS AND THEN CURRENCY....
BECAUSE WITHOUT STRUCTURE COA CANNOT BE DEFINED....
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / suman shetty
First Chart of Accounts then Currency and Calendar
For Defining Chart of Accounts (Company and Accounts)are necessary.
By using Flexfield qualifiers we can we can define These fields.And then we can assign valuesets of each segment.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / kim khan
Currency
Calender
Chart of Accounts is the correct order.
| Is This Answer Correct ? | 3 Yes | 8 No |
What r the GAPS can we find out while Implementation?
can you explain about RD-20,MD-50,TE-40,BR-40 under aim methodoloty what it consists, how do you prepare them
Hi all, I'm confused when it comes the financial handling of transactions. What is the difference between an accounting entry and a journal entry in oracle eBS.
What is the Mondatory profile options used in Multi Org ?
What is gap analysis, how do you defined?
If balancing account is not assigned to company & is assigned to department wat will be the effects
What is the report used to identify duplicate suppliers?
how the asset flow to FA module.and it steps?
Can anybody tell me, What is the Implementation Process?
What is Proxima Payment Terms?
During create additions programme,waht is validations checks performed by system?
What is gap analysis, what are the pre-requisities?
Oracle Apps Technical 
