Create Statistical Journal Entries for Operational Measures

Create statistical journal entries for operational measures for the purpose of using the journal entries as a basis for processing allocations.

The following list provides an overview of the tasks and processes to create statistical journal entries for operational measures:

1. Add operational measures to the Joint Venture Operational Measures work area.

   Initially, operational measures have a status of “Available to process” with a line type of “Original.”

2. (Optional) Add operational states if you want to create statistical journal entries for operational measures based on the state of a joint venture or joint venture and primary segment.

3. Run the process to create statistical journal entries. This process gives you the options to:

   • Create statistical journal entries for operational measures of a particular measure type.
   • Limit the creation of statistical journal entries for only operational measures where the joint venture or joint venture and primary segment are at a particular operational state.

   This process creates an accounting header with the statistical journal entries created for the operational measures. It updates the status of the processed operational measures to “Accounting in progress.” You can view the associated accounting header from the details page of the operational measure in the Operational Measures work area. The accounting header shows a status of “Unprocessed.”

4. Run the Create Accounting process to create journal entries in subledger accounting and post them to the general ledger.

5. Run the process to update the accounting header associated with operational measures that were processed to create statistical journal entries.

   This updates the status of the accounting header from “Unprocessed” to “Final Accounted.” It updates the status of the operational measure to "Process complete."

An Oracle General Ledger user with the proper permissions can then configure the Calculation Manager in the General Ledger to use the statistical journal entries as a basis for their allocations. See Allocations and Periodic Entries for details.

You can make any updates for statistical journal entries created in error, for example if it was discovered that the value entered for an operational measure was incorrect. To correct statistical journal entries created in error, you can delete or reverse the entries, depending on where they are in the preceding processes. See Manage Operational Measures and Statistical Journal Entries for more information.