Oracle Fusion - GASB 34 - Do It the SLA Way! ✅
For "Paid" Consulting Help Reach Out on Whatsapp https://wa.me/12025968970 📞 Original Video showing how to do GASB 34 via Secondary Ledger and Tax book. • Oracle Fusion - GASB 34 - Do It the Easy W... In this exercise I leverage single Ledger, a single Corp Book, TAB, SLA and use smart view reporting to achieve the legal requirements for Public entities when it comes to Government Wide Accounting/Reporting - GASB 34/35 📌 Key Highlights: 💻 Setting up GASB 34/35 in Oracle Fusion 📊 Creating and managing reports with ease Timestamps 00:00 - Introduction: How to handle Fusion GASB 34 through Subledger Accounting (SLA) 01:14 - Flow diagram explanation: Transaction processing from AP through Fixed Assets to the Modified Accrual Ledger 01:58 - Reporting structure overview: Using eliminations approach with 1000s and 9000s fund values 02:59 - Configuration setup: Assigning GASB fund segment values to the Ledger 03:38 - Transaction Account Builder (TAB): Creating and configuring the transaction account definition for fixed assets 04:24 - Mapping sets configuration: Directing 1000 funds to appropriate 9000 funds 06:58 - Asset book creation: Setting up the Super GASB Book with default fund values 11:31 - Creating and posting payables invoice: Adding the fixed assets invoice for $22,000 14:45 - Create accounting process: First attempt showing the two-step process and balancing issue 15:48 - Subledger Accounting Method (SLAM) modification: Copying and modifying the standard accrual method to fix balancing 👉 Don’t forget to like, subscribe, and hit the notification bell to stay updated with more Oracle Fusion tutorials!

Oracle Fusion - GASB 34 - Do It the Easy Way! ✅

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