Creating system controls for global ledger companies

System controls can be created for each subsystem that posts a journal entry to Global Ledger. Each system code represents a subsystem that transfers transactions to Global Ledger. For each global ledger company and subsystem, you can override the currency rate and set closing controls.

  1. Select Financials > Global Ledger > Setup > Global Ledger Company.
  2. Open a company record
  3. On the Company System Closing Control pane, Click Create.
  4. Specify this information:
    System
    Select a system code.
  5. In the Override Currency Table section, specify this information:
    Currency Table
    Select a value to override rate table that is assigned to the Finance Enterprise Group for journal entries that originate in the selected system.
  6. In the Closing Control section, specify this information:
    Control
    If you select this check box, the subsystem period must be closed before the period can be closed. Select this check box only if you selected one of these System codes: AP, AR, BL, PO, IC, AM, CB, FR, and LM.

    System codes CA, GL, PS, and RJ system closing controls must be defined in the Accounting Entity record.

    Valid Begin Date
    Select a beginning date for the date range of transactions.
    Valid End Date
    Select an ending date for the date range of transactions
    Open Period
    Specify the number of open periods to include for transactions.
  7. Click Save.