Create Sustainability Ledgers

You can create sustainability ledgers by using the Manage Sustainability Ledgers task.

Before you start

To perform this procedure, you must be assigned a role to access the Manage Sustainability Ledgers task.

1. In the Setup and Maintenance work area, go to the Manage Sustainability Ledgers task:

   • Offering: Manufacturing and Supply Chain Materials Management, Product Management, or Procurement
   • Functional Area: Sustainability

2. On the Sustainability Ledgers page, click Create Sustainability Ledger.

3. In the New ledger drawer, enter the ledger name and select the accounting calendar. Optionally, enter a description.

4. From the First Period drop-down list, select the first period.

5. From the Legal Entities drop-down list, select one or more legal entities to assign to the ledger.

6. Click Create.

Note:

• If your legal entity names aren't unique, then on the Sustainability Activities page, you’ll experience issues when selecting a legal entity name that isn't unique.
• Oracle General Ledger and Sustainability can share the same accounting calendar, but the period close process happens independently. You can close your Financials period, and keep your Sustainability period open, and then close it at a later date.
• Use the first period to signify the period from which you'll start using Oracle Sustainability to record your sustainability activities. For example, even if you're in the middle of a fiscal or calendar year, you might want to start recording back-dated activities from the beginning of the year to simplify your annual reporting.