"I think it’s a good report you have here and it’s something that can help avoid having to make the long journals that has one line for every country/channel. I wish I had it when I did the inventory accounting 5-6 years ago."
General Ledger reporting is important to management for a high level view of the company’s health.
Some questions that are answered by GL reporting include:
- What is my income statement for a period of time?
- What is my balance sheet for a period of time?
- What is the detail behind a specific journal entry or line item on a GL report?
- What are the currency translation rates?
- I need a trial balance report.
- I need to look at an account detail report.
- What is my current income tax rate by country?
- What are my operating costs by business unit?
- What is my statement of financial position?
- What is my summary of operations – sales and cost of sales?
Customers use this module for reporting on General Ledger summary line items or journal entries and then drill to the transactional details. In Oracle® E-Business Suite (EBS), there is no detail associated with consolidations. However, Jaros Analytics provides the detailed consolidation information. Many of our customers use this information to drill from a summary consolidation line item to transactional detail across multiple currencies. General Ledger reporting is a basic reporting element that is used by all of our customers. Key features include multiple currency support, general ledger to sub-ledger drilling, trial balance reporting, reporting by chart of accounts, financial statement support using Oracle’s FSG’s and general query information. Customers typically create cubes from financial information as well as general reports. Ad-hoc query is available as well.