1. Using General Ledger
  2. Generate Allocations and Periodic Entries Manually

Generate Allocations and Periodic Entries Manually

This example demonstrates how to generate an allocation or periodic entry manually from Oracle General Ledger.

You are the General Accountant for InFusion America Inc. You have created allocation and periodic journal entry definitions for several monthly entries. You now generate these entries.

Note: Schedule allocations and periodic entries in the Journals work area for automatic generation. The accounting period automatically increments for each subsequent run if defined as a Run Time Prompt for the Allocation Rule selected.

Prior to generating the allocation and periodic entries, the following tasks must be completed:

  • The period is set to Open or Future Enterable. You post in open periods, but generation can take place in either an open or future enterable period.

  • The rules or rules sets have been defined, validated, and deployed successfully from the Calculation Manager.

  • The journal balances, which are inputs for the allocation or periodic rules, are entered and posted in the proper period.

Generating Allocations and Periodic Entries Manually

  1. From the Navigator, click the Journals link to open the Journals work area.

  2. In the task pane of the Journals page, click the Generate Allocations link to open the Submission page.

  3. Optionally select one or all of the following options:

    • Print Output

    • E-mail me the output

    • Notify me when this process ends

  4. Select a rule or rule set from the list of values.

  5. Enter the submission parameters, including Ledger, Balancing Segment Value, and Period. The application automatically sets the last day of the submission period as the Accounting Date and Calculation Effective Date.

  6. Accept the selected check box for the Post Allocations option to enable the process to post the journal entries.

    If you deselect the check box for the Post Allocations option, you must either manually post or define an AutoPost Criteria Set to post automatically.

  7. Click Submit.

    After the generation process is complete, the journal entries created by the process are available for inquiry on the Journals page.