Oracle Financial Management System: Accounting Business Cycle

The following is a record of my experiences using the Oracle financial management system:

An accounting business cycle of the Oracle general ledger module in the Oracle financial management system:

1. Open the general ledger accounting period

2. Enter manual creden, including: · Manual standard creden

· Foreign Currency credential

· Statistical creden ·

3. Introduce creden from sub-modules, such as receivables, payables, and inventories.

4. Generate a credential using the defined regular credential Template

Regular credential Templates include: · framework credential templates-fixed accounts with no amount (manual filling is required for generation)

· Standard credential template-fixed account and fixed amount

· Formula credential template-with a fixed account, the amount is obtained by a special calculation formula

5. Generate a credential using the batch distribution credential template. For example, the depreciation fee for the current month is apportioned by department.

6. credential Review: You can use the online entry or query interface for review, or you can run the Report Program to print out the credential and then review it.

7. manual or automatic posting (account posting in the background)

8. check whether there is a credential error after you log on to the account. If yes, adjust the credential reversely.

9. process (in case of foreign currency business) Foreign currency reassessment and exchange Profit and Loss

10. Perform foreign currency conversion to prepare the consolidated report

11. Book Merge (if multiple books exist)

12. prepare and review and analyze the financial statements

13. Close the current accounting period and open the next accounting period

Descriptive elastic domains are regarded as attribute columns in the Applications database table, while key elastic domains are often considered as segment columns ).

The above is the usage experience of the general ledger module of the Oracle Financial Management System in the business cycle.

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