GL - RECURRING JOURNAL

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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regina_kezi1

GL - RECURRING JOURNAL

Post by regina_kezi1 »

Hello,
Can some one assist me on step by step how to create reccuring journal in GL.
immu imdad

Re: GL - RECURRING JOURNAL

Post by immu imdad »

HI, Please go through the following steps.

Creating Recurring Journal Formula Batches
To define a recurring journal formula entry, you must create a recurring journal formula batch. Your batch can contain a single recurring journal entry definition, or you can group related recurring journals into the same batch.
To create a recurring journal batch:
1. Navigate to the Define Recurring Journal Formula window.
2. Enter a Name and optional Description for the recurring journal batch.
3. If you want to copy entries from an existing recurring journal batch to your new batch, choose AutoCopy Batch.
4. Create recurring journal entries for the batch. If you copied entries, modify them, if necessary.
5. Save your work.
6. Generate recurring journals.
7. Review and post your generated recurring journal batches.

the another two are standard and skeleton,

Skeleton Journal Entries: Skeleton entries affect the same accounts each period, but have different posting amounts. After you generate skeleton journal entries, you can edit the unposted journal batch using the Enter Journals form and enter the journal line amounts.
Skeleton journal entries are useful with statistical information whenever you want to record journals for actual transactions based on statistical amounts, such as headcount, units sold, inflation rates, or other growth factors. For example, if you want to enter headcount for each cost center every period, you can define a skeleton entry with your headcount accounts. After you generate the skeleton entries, enter the actual headcount amounts before posting the batch.

Standard Recurring Journal Entries: Standard recurring journal entries use the same accounts and amounts each period.

if you have other doubts regarding GL in R12 , mail me imdadaslan@gmail.com
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