Global Accounting Engine Integration: GL Module 12 Release New Features

Global Accounting Engine Integration

This section describes details for users who integrated General Ledger with Global Accounting Engine.

Single Secondary Set of Books Assigned to Multiple Primary Sets of Books.

If you are using the Global Accounting Engine and you have more than one main set of books linked to the same multiple-posting set of books, this configuration will upgrade to multiple primary ledgers (each in a different accounting setup) that have the same secondary ledger assigned. You can continue to use this configuration in Release 12, but you may not be able to use some new Release 12 features. For example, you will not be able to query accounting setups in Accounting Setup Manager by the secondary ledger; you will only be able to query accounting setups by the primary ledger. You will be able to view the secondary ledger in all of the accounting setups for the shared primary ledgers using Accounting Setup Manager.

Global Accounting Engine Dual Posting

The Global Accounting Engine Dual Posting solution in Release 11i allowed you to transfer a single Payables or Receivables transaction to two sets of books using different accounting rules. Because Global Accounting Engine Dual Posting only addressed transactions from specific subledgers, such as Payables and Receivables, all other transactions that require a second accounting representation could only be addressed by the General Ledger Consolidation functionality to map and transfer these transactions into a second set of books.

In Release 12, the main set of books are upgraded as a Primary Ledger, the posting set of books are upgraded as a Subledger level Secondary Ledger, and Global Accounting Engine is replaced by Subledger Accounting. If you used Global Accounting Engine to transfer subledger transactions to the posting set of books, then in Release 12, Subledger Accounting (SLA) automatically creates the accounting for these subledger transactions in both the primary ledger and the subledger level secondary ledger simultaneously. If you used the General Ledger Consolidation functionality to manually transfer other subledger transactions to the posting set of books, then in Release 12, you can continue to do this. With the new features in Release 12, however, you have two options to automate this process. 

Also Read : Complete  GL Module 12 Release New Features