The process PRC: Create Accounting creates draft or final accounting entries in Oracle Subledger Accounting for the accounting events created by the generate accounting events processes. If you define your own detailed accounting rules in Oracle Subledger Accounting, then Oracle Subledger Accounting overwrites default accounts, or individual segments of accounts, that Oracle Projects derives using AutoAccounting. You can run this process in either draft mode, if you want to review the results before you create the final accounting, or final mode.
You can optionally choose to transfer final journal entries to Oracle General Ledger, initiate the Journal Import process, and post the journal entries in Oracle General Ledger. If you do not choose to have the process transfer final journal entries to Oracle General Ledger, then you can run the process PRC: Transfer Journal Entries to GL to transfer final journal entries from Oracle Subledger Accounting to Oracle General Ledger at a later time.
Note: You can optionally run the Subledger Period Close Exceptions Report to view information about unprocessed accounting events, accounting events in error, and transactions that are successfully accounted in final mode in Oracle Subledger Accounting, but not posted in Oracle General Ledger. This report provides you with the ability to separately tie back and determine whether accounting entries are posted in Oracle General Ledger.
Submit this process from the Submit Requests window. See Submitting Requests.
Process Category: Select the type of transaction that you want to process. If you leave this parameter blank, then the process selects all accounting events, for all categories. The process selects events with event types that belong to the event classes assigned to the process category. You can select one of the following process categories:
Borrowed and Lent
Burden Cost
Inventory Cost
Labor Cost
Miscellaneous Cost
Provider Cost Reclassification
Revenue
Supplier Cost
Total Burdened Cost
Usage Cost
Work in Process Cost
Note: Each process category parameter enables you to run the process for a single type of transaction. To process multiple types of transactions, you must run the create accounting process separately for each type of transaction. For example, to process both usage costs and miscellaneous costs, you must run the process twice, selecting the appropriate process category each time. Alternatively, you can leave the parameter blank to process all process categories at the same time.
End Date: Enter a date to specify the end date. The process creates accounting only for accounting events that have an accounting event date that is the same as or before the end date. This parameter is required. The system date is the default value.
Note: If you are creating accounting via the PRC: Submit Interface Streamline Processes or the PRC: One-Step Interface Streamline Processes to GL, the value for this parameter is the accounting end date that you entered when submitting the interface streamline processes.
Mode: Select either Draft or Final. You cannot transfer draft entries to Oracle General Ledger. If you run the process in draft mode, you cannot select values for the Transfer to General Ledger, Post in General Ledger, and General Ledger Batch Name parameters. This parameter is required. The default value is Final.
Errors Only: Select Yes to limit the creation of accounting to events for which accounting has previously failed. If you select Yes, the process selects only events with a status of Error for processing. Select No to process all events. This parameter is required. The default value is No.
Report: Select Summary or Detailed. This parameter determines whether to generate the output report to show the results of the process in either a summary or detail format. This parameter is required. The default value is Summary.
Transfer to General Ledger: Select Yes to transfer the subledger journal entries to Oracle General Ledger. If you select yes, the process initiates the process Journal Import in Oracle General Ledger. This parameter is required if you select Final as the value for the Mode parameter. The default value is Yes.
Note: You can select a value for the parameter Transfer to General Ledger only when the value for the Mode parameter is Final.
Post in General Ledger: Select Yes to post subledger journal entries in Oracle General Ledger. This parameter is required if you select Final as the value for the Mode parameter and Yes as the value for the Transfer to General Ledger parameter. The default value is No.
Note: You can select a value for the parameter Post in General Ledger only when the value for the Transfer to General Ledger parameter is Yes.
General Ledger Batch Name: Optionally, enter the batch name that appears on the subledger journal entries that the process transfers to Oracle General Ledger.
Note: You can enter a value for the parameter General Ledger Batch Name only when the value for the Transfer to General Ledger parameter is Yes.
Subledger Accounting Program Report. This report lists the following information:
Successful events and the subledger journal entries created for those events
Errors for failed events
You can run the report in summary or detail mode, which are described as follows:
Summary: The report provides a summary of the successfully processed events and a detailed error report.
Detailed: The report provides details of subledger journal entries generated from the successfully processed events and a detailed error report.
Other Sources
Create Accounting Program, Oracle Subledger Accounting Implementation Guide