Part 2 – Advance Journal Entries

Step 2. Usage Based Rent Allocation The next step is to define the further allocations from the account (7420) to allocate all IT costs, including the allocated rent amount from the above allocation, to other departments based on the space usage. To achieve this, we...

Advance Journal Entries

Introduction Oracle General Ledger has wonderful tool to be used for quick generation of journal entries for a group of cost centers, departments, divisions, ledgers. Instead of creating many manual journals to transfer amounts from one account to others based on...