This is my second post on the details of Subledger Event Classes in the Oracle E-Business Suite. In my previous post, I discussed how the relationship between the Subledger Event Class and the transaction in the Receivables module. In this post, I’ll discuss the relationship by Event Classes and the transactions in the Payables module. [...]
In my previous post, I discussed how Subledger Accounting flows from the transaction to the journal entry. One key concept in understanding the Subledger Accounting model is the relationship between the Subledger Event Class and the transaction in the module. In the next series of posts, I’ll take a look at how these event classes [...]
When looking at how journal entries are created in Oracle E-Business Suite (EBS) R12, it is helpful to compare it to the accounting process in the earlier 11i version. In EBS R12, the Subledger Accounting (SLA) module was introduced. This module has a powerful rules engine to allow you to customize how to account for [...]
To efficiently and effectively perform a period-end close in Oracle, you need to know the flow of transactions and journal entries from each module. To ensure all the transactions are processed and accounted for in the General Ledger, you will need to perform the following processes in order. The list below encompasses the most common [...]
