Oracle general ledger module accounting business cycle

An accounting business cycle of the Oracle general ledger module is as follows:
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 to review or run a report. Program Attach the credential
Review after printing
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