Course Contents - DAY 1
Course Introduction
Administration and Course Materials
Course Structure and Agenda
Delegate and Trainer Introductions
Session 1: INTRODUCTION TO THE GENERAL LEDGER
General Ledger Keywords and Concepts
Overview of the General Ledger
Define a Ledger
Define a Ledger Set
Define a Data Access Set
Session 2: ACCOUNTING CALENDARS
Accounting Periods
Accounting Calendars
Define an Accounting Calendar
Post Account Balances
Session 3: CHART OF ACCOUNTS STRUCTURE
Flexfield Considerations
Good Design Principles
Define the Accounting Flexfield
Parent/Child Accounts
Rollup Groups and Summary Account Templates
Session 4: JOURNALS
Key Set Up Considerations for GL Journals
Set Up Options for Journaling
Set Up Journal Options
Journal Profile Options
Journal AutoReversal Set Up Steps
Define an AutoPost Criteria set
Reports Listings and Inquiry Options for Journals
Session 5: GENERAL LEDGER SECURITY RULES
Security Rules and Cross Validation Rules
Define a Security Rule
Cross Validation Rules
Session 6: MULTI CURRENCY
Key Processes
Defining a Reporting Currency
Define a Cumulative Translation Adjustment Account
Enter Daily Rates
Enter Foreign Currency Journals
Enter Period rates
Enter Historical Rates
Profile Options
Work With Multiple Currencies in General Ledger
Translate From Functional to Reporting Currency
Transaction Level Conversion
Inquiry and Reporting
Session 7: BUDGETING
Overview of Budgeting
Create Master and Detail Budgets
Define Budgets
Define Budget Organizations
Protect a Budget Organization with a Password
Set Budgetary Control Options for an Account Range
Copy Account Ranges from an Existing Budget Organization
Add or Change Individual Accounts
Delete a Budget Organization
Budget Reports and Listings
Define a Rollup Group
Assign Rollup Groups to Account Segment Values
Create a Summary Account Template
Carry Out a Budget Inquiry
Session 8: MULTI COMPANY ACCOUNTING
Automatic Balancing of Inter-company Transactions
Consolidating Multiple Companies