Implementing Oracle Fusion General Ledger and Oracle Fusion Accounting Hub

CHAPTER11

Allocations Using Calculation Manager

General Ledger allocations are components of the financial period closing cycle, along with revaluation, management of historical rates, and other activities that take place before, during, and after period close. Although the period-close process is covered in the chapters that follow, we felt that the readers will benefit from covering the subject of allocations on its own.

To that end, we’ll go through an easy-to-follow, step-by-step example, but before we do that, we’ll provide an overview of what allocations are and the business motivation for their use, as well as some technical and system architecture background required to understand what is underpinning the allocations’ functionality. ...