A.1 Statement of Direction

From Release 8.1, the Management Ledger replaces the Ledger/Stat table as the central repository for management accounting within OFSAA Enterprise Performance Management solutions.

Note:

Ledger/Stat will continue to be supported for existing or upgrading customers, but it will not be included as part of a new installation.

There is a utility available for migrating the allocations defined in the Ledger/Stat table to the FSI_D_MANAGEMENT_LEDGER table. For more details, see the MOS Doc ID 2398698.1.

The new Management Ledger supports the same functionality as historically has been supported by ledger/stat and stores the same kinds of data as has always been housed in ledger/stat including: General Ledger Data:

• General Ledger Data:
  • Reconciled to instrument level data
  • Provides a starting point for management accounting processes
• Budget or Forecast Data:
  • From OFSAA Balance Sheet Planning or other budgeting and forecasting sources
• Multidimensional Statistical or Volumetric Data:
  • Used or created by allocation rules
• Value-Added data From:
  • OFSAA Profitability Management allocation rules
  • OFSAA Funds Transfer Pricing processes
  • Other value-added processes

In the future, functional enhancements to Profitability Management will be directed towards the Management Ledger table class. New enhancements may or may not be extended to apply to the Management Ledger table.