Accounting

Feature	Description	Prerequisites
Chart of Accounts Management	Provides a template of the Germany Chart of Accounts, which you can modify and add legal names.	Install Germany Localization SuiteApp. For more information, see Installing Germany Localization
Accounting Context	Provides a solution if your main Chart of Accounts doesn't follow the German account numbering requirements. Through the Accounting Context subtab on the General Preferences page, you can create a German Accounting Context, which allows mapping between the main accounts and the German numbers.	Available in all OneWorld accounts.
GL Audit Numbering	Applies gapless numbering sequences to all general ledger posting transactions. This is an optional feature and is a prerequisite for the GL Impact Locking feature.	Enable the GL Audit Numbering feature; see Enabling GL Audit Numbering and Setting Preferences
GL Impact Locking	Enables you to lock the general ledger (GL) impact of a transaction to the GL. When you use this feature on a company or a subsidiary, any change to a GL impacted field or entity field on a GL numbered impacting transaction after running a GL audit numbering sequence automatically generates copy and reversal transactions. These transactions appear on the GL Impact subtab on the original GL impacted transaction.	Enable the GL Audit Numbering feature; see Enabling GL Audit Numbering and Setting Preferences Check the GL Impact Locking box on the Company Information or Subsidiary pages; see GL Impact Locking
Period End Journal Entries	An optional feature that enables you to create the income closing journals, balance sheet opening and closing journals as a task in the Period End Checklist.	Enable the Period End Journal Entries Feature and perform additional setup tasks; see Setup for Period End Journal Entries
Contra Account Sheet	Enables companies to generate transaction records with contra account information.	N/A
Transaction Locking SuiteApp	In certain countries, accounting regulations require you to lock transactions to prevent anyone from making changes to them. The Transaction Locking SuiteApp locks transactions by hiding the Edit and Delete buttons from specific transaction records.	N/A

Feature

Description

Prerequisites

Provides a template of the Germany Chart of Accounts, which you can modify and add legal names.

Install Germany Localization SuiteApp. For more information, see Installing Germany Localization

Provides a solution if your main Chart of Accounts doesn't follow the German account numbering requirements. Through the Accounting Context subtab on the General Preferences page, you can create a German Accounting Context, which allows mapping between the main accounts and the German numbers.

Available in all OneWorld accounts.

GL Audit Numbering

Applies gapless numbering sequences to all general ledger posting transactions. This is an optional feature and is a prerequisite for the GL Impact Locking feature.

Enable the GL Audit Numbering feature; see Enabling GL Audit Numbering and Setting Preferences

GL Impact Locking

Enables you to lock the general ledger (GL) impact of a transaction to the GL.

When you use this feature on a company or a subsidiary, any change to a GL impacted field or entity field on a GL numbered impacting transaction after running a GL audit numbering sequence automatically generates copy and reversal transactions. These transactions appear on the GL Impact subtab on the original GL impacted transaction.

Enable the GL Audit Numbering feature; see Enabling GL Audit Numbering and Setting Preferences

Check the GL Impact Locking box on the Company Information or Subsidiary pages; see GL Impact Locking

Period End Journal Entries

An optional feature that enables you to create the income closing journals, balance sheet opening and closing journals as a task in the Period End Checklist.

Enable the Period End Journal Entries Feature and perform additional setup tasks; see Setup for Period End Journal Entries

Contra Account Sheet

Enables companies to generate transaction records with contra account information.

N/A

Transaction Locking SuiteApp

In certain countries, accounting regulations require you to lock transactions to prevent anyone from making changes to them. The Transaction Locking SuiteApp locks transactions by hiding the Edit and Delete buttons from specific transaction records.

N/A

General Notices