General Ledger Business Processes
Business processes listed below are discussed in the business process section of this General Ledger documentation:
Create and process journal entries.
Create and process interunit and intraunit transactions.
Build summary ledgers.
Close ledgers.
Process multiple currency.
Create and process Average Daily Balance (ADB).
Create and process open items.
Consolidate financial data.
Maintain standard budgets.
Monitor background processes.
Review financial information.
Archive tables.
Generate regulatory ledger reports.
Create XBRL documents.
Generate general reports.
Generate federal reports.
Create and process allocations.
Generate statutory reports.
Create and process Commitment Control transactions in General Ledger.
Create and process entry event transactions.
Process subsystem journals using Journal Generator.
Import and process spreadsheet journal entries.
Import and process transactions from a flat file.
Enter and process statistical transactions.
Enter and process Value Added Tax (VAT) transactions.
Approve journal entries for processing.
Perform account reconciliation.
Run General Ledger background processes.