Oracle Fusion Journal Entry Structure in Jisr – Knowledge base

In this step, You can define the way you want the system to generate journal entry files, the type of cost centers that would be included per journal entry line, and customize the memo description for the journal entry file and lines.

1- Journal Entry Grouping :

This option helps in determining the method of assembling the accounting entry file, for example when selecting the (Subsidiary) option the system will create a separate entry file for each subsidiary company.

For example: When selecting the (Subsidiary) option the system will create a single entry file for each of the subsidiary defined in the system.

2- Cost Centers Information :

Once the admin activates this configuration, it would help to select required cost centers and employee information that would be included in the journal entry lines.

Note: The values must be arranged in the same order as the Journal Structure in Oracle Fusion.

In addition, the Delimiter that will be specified in the Jisr system must be the same as the one specified in the Oracle Fusion system.

Define Journal Structure in the Oracle Fusion system, which will help the user in the process of Posting accounting entries

From the main screen in the Oracle system, the user searches for General Accounting, then the user clicks on Create Journal.

The user is required to select the Ledger, and the user cannot carry out a transfer of accounting entries except by selecting the Ledger and entering the values of these fields such as Legal Entity Name (the name of the Organization), as well as the Accounting date and Category (which is the nature of the accounting entries such as: Accrual, Addition, Adjusting, etc.).

When entering the account in the Oracle system, the user will be required to enter the account in detail in the entry, i.e. the account itself, the Natural Account, which will be affected by the accounting process, as well as the legal entity, cost center, etc., in the same order in the journal structure when integrating with the Jisr system. Also, the “Define the separator for combination code” must be chosen in Jisr the same as the one chosen in Oracle as follows:

3- Employee Dimension:

If cost centers are assigned at the employee, the system will show the option to assign the employee dimension, and therefore it is necessary to integrating the subsidiaries with each Dimension created and defined in the Oracle system by the finance department.

4- Oracle Ledger

The user must select the general ledger in which the accounts are located and which is defined in the Oracle Fusion system.

Journal Templates

This configuration would allow the admin or finance manager to map Jisr Journal Entries with one of Oracle templates or more than one for each subsidiary as well.

5- Journal Entry Description:

This configuration would allow the admin to customize the journal entry file's description and lines.

The description helps the finance team to recognize the journal entries in the review process in Oracle.