Oracle fusion cloud financial : How to create Journal , Manual Vs Spreadsheet?

Cloud Ladder Consulting
Cloud Transformation Partner
How to create Journal?
Manual Or Via Spreadsheet
By Pranav D Pandya

Agenda
• About Us
• Our Team
• Oracle EBS/ Fusion Services
• Oracle Cloud Services
• About Instructor
• Overview of Journals
• Create Manual Journal
• Create Journal in Spreadsheet
• Post Journals
• Q&A

About us
• Cloud Ladder is a consulting and technology services organization dedicated to helping
customers transform their organizations by delivering unmatched services and
solutions. Fundamental to this transformation is Cloud computing. Through innovative
products and services, Cloud Ladder accelerates the journey to cloud computing,
helping to store, manage, protect and analyze their most valuable asset —
information — in a more agile, trusted and cost-efficient manner.
• Cloud Ladder Consulting is a global leadership experienced team that has successfully
forayed into consulting and technology services.
• Cloud Ladder Consulting has “LEAD” that is the cultural representation of the
company. They demonstrate the company’s CORE values as follows:
• L – Look Externally
• E – Execute with Excellence
• A – Act with Professionalism
• D – Drive for Results

Our Team
• The “LEAD” core values incorporated by our employees serve as a judging criteria of
performance measures by our clients.
• Team has average 15+ years of progressive experience in Business strategies, Business
Development, Business process improvement , Solution design, Development, Project
management and Implementation of complex E-Business Suite applications and Oracle
Fusion cloud.
• A motivated and resourceful team demonstrating broad business process Oracle
functional experience in customization and integration of the Oracle E-Business Suite
applications, Oracle Fusion Cloud.
• Collaborate with organizations towards business process improvements by functional
requirement gathering, design & development and implementation artifacts that
adhere to specified standards and implement the specified design.

Oracle EBS/ Fusion Services
• Corporate responsibility is our purpose! This is key driver of our strategy and
defines who we are as an organization. Our onus is to deliver results with integrity
and social consciousness.
• Services offered in Oracle EBS/Fusion technology.
❖ Implementation: Our experts help to execute successful implementation to
maximize return on your Oracle investment.
❖ Upgrade: Either its Application update or Database our team of exerts help to
execute successful upgrade to maximize return on your Oracle investment.
❖ Stabilization, Support & Enhancement: Our experts provides cost-friendly
solutions that gets you live in the shortest amount of time and provides you
with training and support for new functionality and configurations.

Oracle Cloud Services
• Corporate responsibility is our purpose! This is key driver of our strategy and
defines who we are as an organization. Our onus is to deliver results with integrity
and social consciousness.
• Services offered in Oracle Fusion Cloud technology
❖ Request for Proposal : Our experts provide end to end consulting for your request for proposal and
make you successful to get business.
❖ Proof of Concept : Our experts execute end to end POC for your new business need and help you to
implement new business processes.
❖ Implementation: Our expert execute successful upgrade to Oracle cloud release offerings to maximize
return on your Oracle investment.
❖ Stabilization & Support : Our experts provides cost-friendly solutions that gets you live in the shortest
amount of time and provides you with training and support for new functionality and configurations.

Overview of Journals
Creating Journal Entries
• The process begins with creating journals.
Create journals in several ways:
• Enter manually directly in the ledger.
• Use a spreadsheet interface.
• Import journals into the ledger.
• Create automatically from formulas or processes.

• Posting Journal Entries
• You can post journal entries only in open accounting periods.
• During the posting process, the journal entry is validated and, if
successful, the credit and debit amounts are updated to their
respective accounts in the ledger.
• You cannot change a journal entry that is posted.
• Correcting Journal Entries
• Edit journal entries as needed before they are posted. After posting,
either reverse and enter the journal again, or enter a new journal to
correct the amounts in question.

Journal Entry Components
• Batch: A batch can contain multiple journals,
each of which can belong to a different ledger.
• Journals: A journal requires the following data
• Ledger name
• Journal name
• Accounting date
• Source
• Category
• Currency
• Lines: The lines require accounts and amounts.
Total debits must equal total credits for all journal
entries except for statistical journal entries.

Create Manual Journal
• Prerequisites
• General Accountant role (at minimum) must be assigned to the User
• Ledger Data Access Set must be assigned to the User & subledger
• Open an accounting period
• ADFI Desktop Integration must be installed for Excel access connection to
Oracle Cloud Fusion module

Create Manual Journal
• Login to Oracle
• Navigate to General Accounting
-> Journal
• Select “Create Journal” from
task panel
• <<Demo In Oracle>>

Create Journals in Spreadsheets
How You Create Journals in Workbooks
• You can use the Create Journals workbook for high volume journal
entry.
• You can prepare the journals offline, distribute the workbooks for
review, or save the journals for recurring entry.
• Setup : Before you can use the Create Journals workbook, you must
install an Excel add-in. Navigate to the Tools work area and select
the Download Desktop Integration Installer link.
• Download: To download the Create Journals workbook, navigate to the
Journals work area and select the Create Journal in Spreadsheet task

Create Journal in Spreadsheets
• Login to Oracle
• Navigate to General Accounting
-> Journal
• Select “Create Journal in
Spreadsheet” from task panel
• <<Demo In Oracle>>

Create Journal in Spreadsheets
• Journal Entry: The Create Journals workbook has two worksheets
• Single Journal
• Multiple Journals
• Submission: When you're ready to submit the journals for processing,
click Submit on the Create Journal ribbon.
• Validations: Below validation will be performed, the validation results
display in the Status Viewer pane.
• Validation verify that you provided an accounting date and journal
category.

Create Journals in Spreadsheets
How Journal Import Is Processed?

Post Journals
Journal posting is a process that updates balances in general ledger
accounts to reflect an entity's business transactions and provides data for
financial reporting.
Automatic or Manual Journal Posting
The two methods for posting journal batches are
• Manually from the Manage Journals or Create Journal pages
• Automatically using criteria sets, spreadsheet creation, allocation and
revaluation processes, or propagation to secondary ledgers

Q&A
Website: http://cloudladderconsulting.com/
LinkedIn: Cloud Ladder Consulting
Email : hr@cloudladderconsulting.com
YouTube : Cloud Ladder Consulting
Phone : +1-972-652-0801

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