General Ledger Accounting Software

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After being spun-off from ConAgra Foods, the former ConAgra Trade Group was renamed Gavilon and given 17 months to get on its own systems. This included the need to disconnect and institute all services provided by its former parent including the Accounts Payable, Accounts Receivable, Project Management, Asset Management, General Ledger, and Financial Reporting functions for all 144 of the new entities locations. Hear how Gavilon was able to go from an organization highly dependent on a large, corporate IT support system to a much smaller, independent self-support system using Oracle EBS R12 and Hyperion Essbase.

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Do we have to integrate the Billing system to Oracle General Ledger or to Oracle Accounts Receivable?

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Hurd’s Oracle gig: Is Ellison perk or problem?
As co-president at Oracle Corp., ousted Hewlett-Packard Co. CEO Mark Hurd will have to adapt to a new role playing second fiddle to one of Silicon Valley’s most domineering bosses — Larry Ellison.

Read more on AP via Yahoo! News

descripe how to start General Ledger module in Oracle e-buss r12 in arabic(chart of account)

Create chart of accounts in oracle general ledger

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Which two statements are true about the reporting currency in Oracle General Ledger? (Choose two.) A. It is an integrated extension of a ledger. B. It replaces multiple reporting currencies. C. Reporting currencies are the same as secondary ledgers. D. Reporting currencies cannot have the same chart of accounts, accounting method, and ledger processing options. Answer: AB
Which three activities would use summary accounts? (Choose three.) A. creating a monthly recurring standard journal entry to amortize goodwill B. allocating the total monthly costs of the Information Services department to other departments C. estimating a sales commission accrual based on the total of all product sales for each division D. formulating a budget for employee benefits in each company based on the total of all budgeted employee salaries Answer: BCD

Which two statements are true about the reporting currency in Oracle General Ledger? (Choose two.)
A. It is an integrated extension of a ledger.
B. It replaces multiple reporting currencies.
C. Reporting currencies are the same as secondary ledgers.
D. Reporting currencies cannot have the same chart of accounts, accounting method, and ledger
processing options.
Answer: AB
Which three activities would use summary accounts? (Choose three.)
A. creating a monthly recurring standard journal entry to amortize goodwill
B. allocating the total monthly costs of the Information Services department to other departments
C. estimating a sales commission accrual based on the total of all product sales for each division
D. formulating a budget for employee benefits in each company based on the total of all budgeted
employee salaries
Answer: BCD
The companys two senior executives have different budget figures. They want Peter, the GL
accountant, to prepare two current budgets in Oracle Financials and submit budgets to both of them.
What would be your response?
A. It is not possible to have more than one current budget.
B. Whether you can have multiple current budgets depends on the budget organization.
C. The Require Budget Journal profile option must be set at the budget level if you want to have multiple
current budgets.
D. The Require Budget Journal profile option must be set at the set of books level if you want to have multiple current budgets.
E. The Oracle General Ledger budget functionality supports multiple current budgets, so there is no
problem in satisfying this requirement.
Answer: A