Oracle GL

Option 1 is the correct one.If we enable it then we can post unbalanced intercompany journals i.e debit <> credit for a balancing entity. For this we have to define intercompany accounts in setup-->Accounts-->Intercompany accounts, which will post the unbalance part to this intercompany account.

And if you disable it you cannot post the journals which are out of balance.

No can not delete a budget

Yes you can update an existing account range in Budget Organization.

A budget against which accounting transactions are checked for available funds when budgetary control is enable for your set of books.

In Coulum we have to mention the no. for control and also in report set we have put the budget defined in control field

For each set of books you can have only one current budget at a time.

Yes you can do so, reason being budget journal is not linked with your accounting period. Once you have open the budget period then you can book budget journal for that whole period.

One can define budgetary control for n number of years however, one year can have maximum of 60 fiscal periods.

Yes, you can disable budgetary control for a set of book by unchecking the 'Enable Budgetary Control' check box in the Budgetary control tab page of the define set of books window.

we integrate AR or AP to GL through Set of Books

GL_POSTED_DATE :-Date on which transaction is posted to the GL accountGL_DATE :=GL Date to default to invoices during invocie creationFor more details you can look into the e-TRM of GL.

when we receive the material after approve of purchase order 1 . when the Material Received at the Gate Receiving A/C Dr Material AP accrual A/C Cr2. When the Material delivered to The Inv Org Material A/c Dr Purchase Price Variance A/c Dr Receiving A/c Cr3. When the Invoice Is enterd into the Payable with Matching Of PO Material Ap Accrual A/c Dr Invoice Price Variance A/c Dr AP Liability A/c Cr

Can upload Journal Entries using ADI (Application Desktop Integrator) functionality.

ADI is used to interface spreadsheet uploads with Oracle applications data. ADI allows users take advantage of many of the data-entry shortcuts of a spreadsheet, such as copying and pasting cells, dragging and dropping ranges of cells and using formulas to calculate journal line amounts. ADI validates the data entered against the accounts, security rules and reference information that are defined in the General Ledger (GL).

When we have multiple setup and combine primary and secondary books getting the financial reports is called consolidation.

We will use consolidation reports at the time of period end closing

The plan for the future expenses is planning budget. It is a paper work. There is no funds rerequirement. It does not require journals. There is no restrictions for estimating of funds.

EDi - Electronic Data Interchange, to send the data to another server/destination via EDI server.,edi is a toll where in whenever the customer is sending the PO it gets saved in this toll, again when the supplier after supplying the material will send an invoice through EDI ,wherein the EDI of the customer will match the PO with the invoice and the invoice will get processed automatically, in case if it is not matching it will be in the error sheet

ADI is used to interface spreadsheet uploads with Oracle applications data. ADI allows users take advantage of many of the data-entry shortcuts of a spreadsheet, such as copying and pasting cells, dragging and dropping ranges of cells and using formulas to calculate journal line amounts. ADI validates the data entered against the accounts, security rules and reference information that are defined in the General Ledger (GL).

Broadly following are the feature / elements of ADI

1.Journal Wizard.

2.Budget Wizard.

3.Report Wizard.

4.Account Hierarchy Editor.

5.Analysis Wizard.

6.Request Center.

Terms and conditions differ with each supplier.