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Implementing Oracle Fusion General Ledger and Oracle Fusion Accounting Hub by Nivas Ramanathan, Vladimir Ajvaz, Anil Passi

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CHAPTER5

Financials Reporting Structure: Chart of Accounts Structures, Calendars, and Currencies

Continuing from the previous chapter, which described the financial enterprise structures of our example ACME Corporation and outlined the high-level business reporting requirements, we are now going to delve further into Fusion Financials techniques and methods that will help us to meet those requirements. More specifically, this chapter will cover the creation of charts of accounts structures, charts of accounts instances, calendars, and currencies as prerequisites to the creation and implementation of ledgers in Fusion Financials. Collectively, we also refer to these structures as Financials Reporting Structures.

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