8.1 General Ledger Types
This topic describes the general ledger types.
The GL/SLs, maintained in the Chart of Accounts can be classified into different categories. The following are examples of the broad categories into which GLs fall:
- Asset
- Liability
- Realized Profit
- Realized Loss
- Income
- Expense
- Contingent Asset
- Contingent Liability
- Position GL
- Position Equivalent GL
These categories are referred to as ‘Accounting Roles’ in Oracle Banking Treasury Management.
Parent topic: Accounting Role to Head Mapping Class