Set Up Supporting References to Capture Project Details in Subledger Accounting Journals

Oracle Fusion Cloud Financials uses supporting references to capture additional data in subledger journal entries at the line level. You need to set up supporting references in Oracle Financials to capture project details.

Supporting references are part of accounting methods in Oracle Financials. Accounting methods contain “journal entry rule sets” that determine how subledger journal entries are entered into each subledger account. You associate supporting references to journal entry rule sets to capture project details in journal entries.

When setting up supporting references, you must set them up for all accounts in subledger accounting that contain joint venture transactions for your project. For example, you can use the same supporting reference to capture project details in journal entries entered into Payables, Inventory, Receipt Accruals, and so forth.

As you work through the tasks described here, refer to Manage Accounting Rules for more information about accounting methods, journal entry rule sets, and supporting references.