Book excerpt: Master Oracle E-Business Suite's Oracle General Ledger Maintain a centralized, highly automated processing platform across a fully integrated set of Oracle E-Business Suite applications using Oracle General Ledger. This Oracle Press guide explains how to utilize Oracle General Ledger to distribute timely and accurate financial information enterprise-wide. Learn efficient techniques for creating transactions and budgets, defining custom rules and flows, reconciling balances, and easing regulatory compliance. You will also discover how to consolidate financial data, process foreign currencies, and implement the brand-new Oracle Subledger Accounting. Plan, test, and carry out a new implementation or upgrade Work with ledgers, calendars, journals, budgets, and business flows Convert and load data from external systems and spreadsheets Perform company-wide consolidations Render reports using the Financial Statement Generator Handle foreign transactions, translations, and revaluations Centralize accounting rules using Oracle Subledger Accounting Understand implications of setup and implementation decisions