General Ledger delivers an extensive financial management solution that goes beyond traditional ledger functions.
Enterprise General Ledger is part of Oracle's PeopleSoft Enterprise Financial Management family of applications.
BENEFITS
Flexible accounting structure
Define how you want to capture and access your financial information based on your unique requirements. Go beyond traditional accounting information to include actuals, budgets, statistics, and forecasts to support the demands of your organization's financial reporting. Global organizations can use multiple generally accepted accounting principles (GAAPs) with the same accounting system.
Comprehensive journal processing
Collect and control data efficiently. Import high-volume journals from spreadsheets. Create templates for recurring transactions. Record transactions within business units and between multiple independent business units. Accept accounting entries from other PeopleSoft applications. Summarize accounting data from PeopleSoft or third-party systems
Hierarchical summarizations
Easily understand your reporting and processing relationships through intuitive, visual hierarchies. When your organization changes, simply update the trees and changes are dynamically reflected throughout the system
Intuitive inquiry and reporting
Use standard accounting and control reports as well as easy-to-use tools that enable you to create any type of financial or management inquiry or report. Click through products or compare information between ledgers. Use reconciliation reports to review information that has been recorded and posted from other applications such as PeopleSoft Receivables, Billing, Payables, Purchasing, and Expenses
Dynamic allocations
Automate allocating any type of information in your financial accounting system. Create rules to distribute amounts while maintaining database integrity and producing a complete audit trail
Comprehensive consolidations
Consolidate and report the financial results of any number of related legal entities or operating units
Sophisticated multi-currency functionality
Satisfy the most demanding global financial requirements
Commitment control
Manage commitments and expenditures automatically by checking them against predefined, authorized budgets
