Thank you for supporting the Cloud Customer Connect Community in 2024. It's a gift to work with you!

Look back
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Posting to GL in Detail

edited Jan 15, 2020 3:50PM in General Ledger & Intercompany 10 comments

Summary

Reason for or against bringing transaction level detail into the General Ledger

Content

Our current global design states that accounting data from subledgers and external systems are summarized when interfaced to the General Ledger. A number of our current countries are requesting to interface transaction level detail from third party systems into the General Ledger for traceability. For example, the external system handles Receivables, and individual journal lines would be created for each invoice, credit memo, receipt, etc. 

Are there considerations we should take into account to push back on this request and keep to the summary level data in GL?

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!