Write Back To General Ledger - Oracle Financial Consolidation Hub User Manual

Source or Parent, only operating entities are available. If the Output Entity is
Elimination, only elimination entities are available.
You can submit balances for the organizations of all entities that are below the
ownership branch of the selected entity.
Balance Type
Actual and average, as well as all additional data types defined are available.
Start and End Period
You can specify the period range in which you want to apply the adjustment. If you do
not specify an end date, the adjustment will be applied to all periods after the start date.
Apply
You can specify whether an adjustment should be included in the next consolidation
run only or in every run for the period. Select next run only for temporary adjustments.
For example, if you enter an adjustment in an entity's operational system and then load
it into Financial Consolidation Hub, and you want to see the effects of the adjustment
immediately, you can enter it as a temporary adjustment in Financial Consolidation
Hub. It will only be incorporated in the next consolidation run. If you run consolidation
a second time, the adjustment will no longer show up.

Write back to General Ledger

When you upload an adjustment into Financial Consolidation Hub, you are given the
option to have the adjustment be written back to General Ledger. The adjustment will
be written as a journal, which you can then manage in General Ledger.
You can mange Write backs using the Adjustment user interface. For an adjustment,
click Writeback Details to view and perform write backs for the adjustment. The user
interface will indicate if the write back was successfull and if so, will produce a report
of the balances written back.
See: Write back to General Ledger Report, page 18-6
The adjustment can be written back to Oracle General Ledger as the functional
currency, a foreign currency or statistical.
The adjustment is written to the Oracle General Ledger category specified in the
Financial Consolidation Hub category for the adjustment.
To utilize write back to General Ledger, you must create a source system in Oracle
General Ledger named Consolidation.
See: Setting Up Categories, page 7-4
16-6 Oracle Financial Consolidation Hub User's Guide