General Ledger Setup Steps In Oracle Applications

Step 1 : Define GL Responsibility

System Administrator =>security=>responsibility.

Step2 : Define GL User

System Administrator => security=>user

Step3 :-Assign GL and Sysadmin Responsibility to User.

Step4 :-select profile option (HR:User Type) to HR With Payroll User.

Step5 : Enable Cyrrency

Define Currency and Enable Currency :-

GL Super User Responsibility =>setup=>currencies =>define.

Step 6 :- Define Organization –Business Group & add Business Group Information Also.

Make your Organization HR Organization also.

Responsibility : India HRMS Manager.

Work structure=>organization=>Decsription

Create Location If Required.

Responsibility : India HRMS Manager.

Work structure=>Location.

Add Business Group Information.

Create Competence flexfield structure required to enter in Business group information.

Step 7:- Set profile option HR Security Profile.

Step 8:- Define Key Flexfield (Chart Of Accounts In GL).

Define value sets for segments.

Define segments and assign value sets.

Assign qualifires to value sets.

Freeze and compile.

Responsibility = > system administration => application => segments

Flexfield Quilifires :-

Creating VALUE SETS for segments and Enter The Segment values :-

Step 9:- Calendars.

Define calendars Type.


GL Super User Responsibility =>setup=>financials=>calendars=>types


Define calendar Accounting.


GL Super User Responsibility =>setup=>financials=>calendars=>accounting.


Step 10 :- Define Set of Books.


GL Super User Responsibility => setup=> financials =>books=>define.


Link Chart Of Account, calendar & currency.

Here we enter the Retained Earnings Account which
means the profit and loss account.
No user can pass the direct entry in this account.


Step 11:- Define Organization ( India HRMS=> organization => Decsription.)

Legal Entity (also legal entity additional information=>legal entity accounting
set to newly created set of books name), Operating Unit.

Step 12 :- Set profile options.

System administrator => profile => system.

MO: Operating Unit

GL Set of Books Name

Sequential Numbering.

Step 13:- Open accounting period.

Once these setup steps are performed, we can
Enter Journals
Post Journals
Reverse Journals
Enter Mass allocation.
Create Budgets
Use FSG ( financial statement Generator.)