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Argentine General Ledger Overview

Argentine General Ledger provides functionality to help you meet these business needs:

arg90000.gif Adjust your non-monetary account balances to reflect inflation during a specific period

arg90000.gif Define the inflation indexes and the periods that they apply to

arg90000.gif Decide which accounts to adjust by entering the accounting flexfield ranges

arg90000.gif Decide which accounts are charged with the adjustment amount for each process, also referred to as inflation adjustment gain/loss account

arg90000.gif Assign transactions to a date that is different from the recording date

arg90000.gif Create an inflation adjustment journal entry that reflects gain or loss due to inflation for each corrected account

arg90000.gif Issue standard and FSG reports for historical and adjusted balances

arg90000.gif Submit all legal reports required by the Argentine government


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