Chart of Accounts Structures and Instances

In Oracle Fusion General Ledger, the chart of accounts model is framed around the concept of a chart of accounts structure, under which one or more chart of accounts structure instances can be created.

Consider the critical choices list here when creating your chart of accounts.

Chart of Accounts Structure

When creating the segments for the chart of accounts structure, you must enter segment sequence numbers that are consecutive and begin with the number one.

Chart of Accounts Structure Instance

For segments in your chart of account structure instance that you expect to contain a large number of distinct values, you must perform the following steps:

• In the chart of accounts definition, mark the segment query required option as selectively required. To perform searches in the transactional user interface, you have to specify the following segment as a mandatory search criteria.

• Create required indexes in the GL_CODE_COMBINATIONS table for segments that are selectively required.

Caution: For the Accounting Key Flexfield value sets used in your chart of accounts structure and instance, you must use independent validation only. If you use other validations, you may not be able to use the full chart of accounts functionality, such as data security, reporting, and account hierarchy integration.