30 April 2009

HIGHLIGHT OF R12 CHANGES IN ORACLE FINANCIALS

GENERAL LEDGER

Slide 3
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• General Ledger now has Ledgers. Replaces Set of Books.

• A ledger Determines the currency, Chart of Accounts, Accounting Method, Ledger Processing Options and Subledger accounting method.

• Ledgers are defined when you create accounting setups in Accounting Setup Manager.




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