General Ledger - EBS (MOSC)

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STATUTORY ACCOUNTING PRACTICES in Oracle EBS

edited Apr 30, 2012 8:00AM in General Ledger - EBS (MOSC) Question
Hello everyone,

I would like to hear from Oracle G/L (and Oracle A/R) users who are in the insurance industry.  I've been told that many, if not all U.S. insurance companies are required to carry their financial books using Statutory Accounting Practices.

As far as I can tell, Oracle EBS does not do this.  If you work for an insurance company and have this requirement, what was the solution to have Oracle provide transactions in this format?

Thanks,
Scott

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